India Fund, Inc. (NYSE:IFN – Get Free Report) announced a quarterly dividend on Tuesday, November 10th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.37 per share by the investment management company on Tuesday, January 12th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date of this dividend is Friday, November 20th.
India Fund Price Performance
NYSE IFN opened at $11.54 on Thursday. The business has a fifty day moving average price of $10.80 and a 200 day moving average price of $11.69. India Fund has a one year low of $10.13 and a one year high of $15.43.
About India Fund
The India Fund, Inc. (NYSE: IFN) is a closed-end investment fund focused on India. Its objective is long-term capital appreciation, and it invests primarily in the equity securities of companies with economic ties to India. The fund provides investors with access to a portfolio of Indian companies across multiple industries. It is managed by abrdn Asia Limited.
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