India Fund, Inc. (IFN) To Go Ex-Dividend on May 21st

India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Monday, May 11th. Investors of record on Thursday, May 21st will be given 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 13.5%. The ex-dividend date of this dividend is Thursday, May 21st.

India Fund Trading Down 0.2%

India Fund stock opened at $11.58 on Tuesday. India Fund has a 52 week low of $10.84 and a 52 week high of $16.95. The firm’s 50-day simple moving average is $11.75 and its 200 day simple moving average is $13.25.

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.