Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) declared a monthly dividend on Thursday, September 13th, Wall Street Journal reports. Shareholders of record on Monday, September 24th will be paid a dividend of 0.035 per share by the investment management company on Tuesday, October 2nd. This represents a $0.42 annualized dividend and a yield of 10.34%. The ex-dividend date of this dividend is Friday, September 21st.
Shares of FAX traded down $0.05 during trading hours on Friday, reaching $4.06. 438,125 shares of the company’s stock traded hands, compared to its average volume of 707,096. Aberdeen Asia-Pacific Income Fund has a 12 month low of $4.05 and a 12 month high of $5.18.
Aberdeen Asia-Pacific Income Fund Company Profile
Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Asset Management Asia Limited. It is co-managed by Aberdeen Asset Management Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
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