abrdn Asia-Pacific Income Fund Declares $0.15 Monthly Dividend
The abrdn Asia-Pacific Income Fund (NYSE: FAX) has declared a monthly dividend of $0.15 per share, offering an annualized forward yield of approximately 14.05%. The dividend is payable on October 30 to shareholders of record as of October 23, with the ex-dividend date also set for October 23. This announcement reflects ongoing income generation from the fund's portfolio focused on emerging market fixed-income assets in Asia-Pacific regions. While the high yield may attract income-focused investors, it is important to consider broader factors such as credit risk and macroeconomic conditions affecting these markets.
Topics: dividends fixed-income