Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Announces Monthly Dividend of $0.04
Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Monday, February 12th, Wall Street Journal reports. Investors of record on Tuesday, February 20th will be given a dividend of 0.035 per share by the investment management company on Tuesday, February 27th. This represents a $0.42 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date of this dividend is Friday, February 16th.
Aberdeen Asia-Pacific Income Fund (FAX) traded up $0.03 during trading on Monday, reaching $4.83. The company had a trading volume of 479,932 shares, compared to its average volume of 791,691. The stock has a market cap of $1,210.00, a PE ratio of 30.19 and a beta of 0.51. Aberdeen Asia-Pacific Income Fund has a 1 year low of $4.73 and a 1 year high of $5.29.
WARNING: This report was reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://theolympiareport.com/2018/02/12/aberdeen-asia-pacific-income-fund-inc-fax-announces-monthly-dividend-of-0-04.html.
Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.
Receive News & Ratings for Aberdeen Asia-Pacific Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Asia-Pacific Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.