The India Fund, Inc. (NYSE:IFN – Get Free Report) announced a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.46 per share by the investment management company on Monday, March 31st. This represents a $1.84 dividend on an annualized basis and a yield of 11.66%. The ex-dividend date of this dividend is Friday, February 21st.
The India Fund has decreased its dividend by an average of 1.6% annually over the last three years.
The India Fund Trading Up 0.4 %
Shares of IFN stock opened at $15.78 on Wednesday. The business’s 50 day moving average is $16.11 and its two-hundred day moving average is $17.41. The India Fund has a twelve month low of $15.60 and a twelve month high of $21.25.
The India Fund Company Profile
The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.
Featured Articles
- Five stocks we like better than The India Fund
- What is Insider Trading? What You Can Learn from Insider Trading
- Moderna: A Generational Opportunity for Investors in 2025
- Bank Stocks – Best Bank Stocks to Invest In
- Buffett Just Dumped His S&P 500 Holdings—What It Means for You
- How to Buy Cheap Stocks Step by Step
- General Motors: Can It Survive Tariffs and Loss of EV Mandates?
Receive News & Ratings for The India Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The India Fund and related companies with MarketBeat.com's FREE daily email newsletter.
