abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) Plans $0.17 Monthly Dividend

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, August 11th. Stockholders of record on Monday, August 24th will be given a dividend of 0.165 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 13.6%. The ex-dividend date is Monday, August 24th.

abrdn Asia-Pacific Income Fund Stock Down 0.5%

Shares of NYSEAMERICAN FAX traded down $0.07 during midday trading on Wednesday, reaching $14.55. 22,202 shares of the stock were exchanged, compared to its average volume of 185,016. The company has a 50 day simple moving average of $14.47 and a 200 day simple moving average of $14.93. abrdn Asia-Pacific Income Fund has a twelve month low of $14.13 and a twelve month high of $16.90.

abrdn Asia-Pacific Income Fund Company Profile

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.