India Fund, Inc. (NYSE:IFN) Announces $0.91 Quarterly Dividend

India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Tuesday, February 10th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.906 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 25.6%. The ex-dividend date is Friday, February 20th.

India Fund Stock Down 0.6%

Shares of NYSE:IFN traded down $0.09 on Wednesday, hitting $14.14. 62,102 shares of the company’s stock were exchanged, compared to its average volume of 303,865. India Fund has a 12 month low of $13.46 and a 12 month high of $16.95. The business’s 50 day simple moving average is $13.86 and its two-hundred day simple moving average is $14.64.

India Fund Company Profile

The India Fund, Inc (NYSE: IFN) is a closed-end management investment company incorporated in Maryland. It seeks to provide shareholders with long-term growth of capital, as well as current income. The fund trades on the New York Stock Exchange and offers investors access to equity markets in India through a diversified portfolio of Indian companies.

IFN invests primarily in equity securities of companies organized or domiciled in India, including common stocks, depositary receipts and other equity-related instruments.