Media headlines about Asia Pac Fund (NYSE:APB) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Asia Pac Fund earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 46.8092481561271 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Asia Pac Fund (NYSE APB) traded up $0.57 during mid-day trading on Friday, reaching $14.41. 675 shares of the company’s stock traded hands, compared to its average volume of 4,332. Asia Pac Fund has a 52 week low of $9.70 and a 52 week high of $15.45.
The company also recently disclosed a special dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 22nd will be given a dividend of $0.32 per share. The ex-dividend date is Thursday, December 21st. This represents a dividend yield of 1.97%.
About Asia Pac Fund
The Asia Pacific Fund, Inc (the Fund) is a diversified, closed-end, management investment company. The Fund’s investment objective is to achieve long-term capital appreciation through investment of at least 80% of investable assets in equity securities of companies in the Asia Pacific countries. The Fund’s portfolio of investments includes banking, materials, consumer discretionary, real estate, industrials, insurance, utilities, consumer staples, semiconductors and semiconductor equipment, telecommunication services, real estate investment trusts and information technology.
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