Abrdn Global Infrastructure Income Fund (ASGI) to Distribute Monthly Dividend of $0.22 on July 31st

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) declared a monthly dividend on Friday, July 10th. Stockholders of record on Thursday, July 23rd will be paid a dividend of 0.22 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Thursday, July 23rd.

Abrdn Global Infrastructure Income Fund Trading Down 1.9%

NYSE ASGI opened at $24.01 on Tuesday. The stock has a 50 day simple moving average of $23.23 and a two-hundred day simple moving average of $23.29. Abrdn Global Infrastructure Income Fund has a fifty-two week low of $20.01 and a fifty-two week 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.