abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) Shareholders to Get $0.14 Monthly Dividend

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, November 10th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.14 per share by the investment management company on Monday, November 30th. This represents a $1.68 annualized dividend and a dividend yield of 13.0%. The ex-dividend date of this dividend is Friday, November 20th. This is a 6.7% decrease from abrdn Asia-Pacific Income Fund’s previous monthly dividend of $0.15.

abrdn Asia-Pacific Income Fund Stock Down 0.2%

NYSEAMERICAN:FAX traded down $0.03 during trading hours on Wednesday, hitting $12.89. 40,683 shares of the stock were exchanged, compared to its average volume of 187,497. The company’s 50 day moving average is $13.33 and its two-hundred day moving average is $14.51. abrdn Asia-Pacific Income Fund has a twelve month low of $12.56 and a twelve month high of $16.37.

About abrdn Asia-Pacific Income Fund

abrdn Asia-Pacific Income Fund is a closed-end investment fund focused on generating high current income, with capital appreciation as a secondary objective. It invests primarily in debt securities issued by governments, government-related entities and companies in the Asia-Pacific region. The portfolio may include both investment-grade and below-investment-grade bonds, as well as securities denominated in U.S. dollars or local currencies. Its regional focus includes developed and emerging markets across Asia and the Pacific.