India Fund, Inc. (NYSE:IFN) Declares Quarterly Dividend of $0.37

India Fund, Inc. (NYSE:IFN) declared a quarterly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.37 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 12.4%. The ex-dividend date is Monday, August 24th.

India Fund Stock Performance

NYSE:IFN traded down $0.02 on Wednesday, hitting $11.89. The stock had a trading volume of 108,055 shares, compared to its average volume of 206,818. The company has a fifty day moving average price of $11.49 and a two-hundred day moving average price of $12.05. India Fund has a 1-year low of $10.72 and a 1-year high of $15.95.

India Fund Company Profile

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.