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 Tuesday, March 10th. Shareholders of record on Tuesday, March 24th will be given a dividend of 0.165 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 13.0%. The ex-dividend date of this dividend is Tuesday, March 24th.

abrdn Asia-Pacific Income Fund Trading Up 1.3%

Shares of NYSEAMERICAN:FAX traded up $0.20 during trading hours on Wednesday, hitting $15.26. The company’s stock had a trading volume of 155,116 shares, compared to its average volume of 219,002. The firm’s fifty day moving average price is $15.64 and its 200 day moving average price is $15.70. abrdn Asia-Pacific Income Fund has a 52 week low of $13.99 and a 52 week high of $16.90.

About abrdn Asia-Pacific Income Fund

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.