Abrdn Global Infrastructure Income Fund (ASGI) to Issue Monthly Dividend of $0.23 on May 29th

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Monday, May 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.23 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Thursday, May 21st.

Abrdn Global Infrastructure Income Fund Stock Down 0.4%

Shares of Abrdn Global Infrastructure Income Fund stock opened at $23.92 on Wednesday. The stock has a 50 day moving average price of $23.51 and a two-hundred day moving average price of $22.71. Abrdn Global Infrastructure Income Fund has a 12-month low of $18.90 and a 12-month high of $25.95.

Abrdn Global Infrastructure Income Fund Company Profile

Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end management investment company that seeks to deliver both current income and potential capital appreciation by investing in a diversified portfolio of global infrastructure securities. The fund provides investors with exposure to companies and projects that operate essential infrastructure assets such as utilities, energy networks, transportation systems, and communications facilities. Shares of ASGI trade on the New York Stock Exchange, offering market-based liquidity for investors seeking infrastructure income strategies.

The fund’s investment approach combines equity and debt instruments issued by infrastructure issuers in developed and select emerging markets.