Abrdn Asia-Pacific Income Fund Inc (FAX) to Issue Monthly Dividend of $0.17 on January 31st

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.165 per share by the investment management company on Friday, January 31st. This represents a $1.98 dividend on an annualized basis and a yield of 12.92%. The ex-dividend date of this dividend is Friday, January 24th.

Abrdn Asia-Pacific Income Fund Price Performance

FAX opened at $15.33 on Wednesday. Abrdn Asia-Pacific Income Fund has a fifty-two week low of $14.56 and a fifty-two week high of $17.55.

Abrdn Asia-Pacific Income Fund Company Profile

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.