India Fund, Inc. (NYSE:IFN – Get Free Report) declared a quarterly dividend on Monday, May 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.39 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 13.2%. The ex-dividend date of this dividend is Thursday, May 21st.
India Fund Stock Down 2.6%
Shares of IFN opened at $11.80 on Tuesday. India Fund has a 12 month low of $10.84 and a 12 month high of $16.95. The firm’s 50 day moving average is $11.89 and its 200-day moving average is $13.38.
About India Fund
The India Fund, Inc (NYSE: IFN) is a closed-end management investment company incorporated in Maryland. It seeks to provide shareholders with long-term growth of capital, as well as current income. The fund trades on the New York Stock Exchange and offers investors access to equity markets in India through a diversified portfolio of Indian companies.
IFN invests primarily in equity securities of companies organized or domiciled in India, including common stocks, depositary receipts and other equity-related instruments.
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