Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) declared a monthly dividend on Monday, March 12th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be given a dividend of 0.035 per share by the investment management company on Monday, March 26th. This represents a $0.42 dividend on an annualized basis and a yield of 8.77%. The ex-dividend date of this dividend is Friday, March 16th.
Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX) traded up $0.01 during mid-day trading on Monday, reaching $4.79. The company’s stock had a trading volume of 556,770 shares, compared to its average volume of 681,497. Aberdeen Asia-Pacific Income Fund has a 52 week low of $4.70 and a 52 week high of $5.29. The company has a market capitalization of $1,210.00, a P/E ratio of 29.88 and a beta of 0.51.
Aberdeen Asia-Pacific Income Fund Company Profile
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.