Abrdn Asia-Pacific Income Fund Inc Announces Monthly Dividend of $0.17 (NYSEAMERICAN:FAX)

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Monday, January 13th,Wall Street Journal reports. Investors of record on Friday, January 24th will be paid a dividend of 0.165 per share by the investment management company on Friday, January 31st. This represents a $1.98 annualized dividend and a yield of 13.17%. The ex-dividend date of this dividend is Friday, January 24th.

Abrdn Asia-Pacific Income Fund Stock Performance

FAX stock traded up $0.02 during midday trading on Monday, hitting $15.03. The stock had a trading volume of 63,270 shares, compared to its average volume of 185,210. Abrdn Asia-Pacific Income Fund has a 1-year low of $14.56 and a 1-year high of $17.55.

About Abrdn Asia-Pacific Income Fund

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.