Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Announces $0.21 Monthly Dividend

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) declared a monthly dividend on Monday, November 11th,NASDAQ Dividends reports. Investors of record on Thursday, November 21st will be given a dividend of 0.21 per share on Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 13.14%. The ex-dividend date of this dividend is Thursday, November 21st.

Abrdn Global Infrastructure Income Fund has raised its dividend payment by an average of 64.3% per year over the last three years.

Abrdn Global Infrastructure Income Fund Trading Down 1.2 %

Shares of Abrdn Global Infrastructure Income Fund stock traded down $0.24 on Tuesday, reaching $19.18. 145,268 shares of the stock were exchanged, compared to its average volume of 106,599. Abrdn Global Infrastructure Income Fund has a 1-year low of $16.20 and a 1-year high of $20.35. The business has a fifty day moving average price of $19.87 and a two-hundred day moving average price of $19.12.

Insider Buying and Selling at Abrdn Global Infrastructure Income Fund

In other Abrdn Global Infrastructure Income Fund news, major shareholder Saba Capital Management, L.P. sold 2,349 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $19.67, for a total value of $46,204.83. Following the sale, the insider now owns 2,955,400 shares of the company’s stock, valued at $58,132,718. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

About Abrdn Global Infrastructure Income Fund

Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.