Abrdn Income Credit Strategies Fund (NYSE:ACP) Declares Monthly Dividend of $0.10

Abrdn Income Credit Strategies Fund (NYSE:ACP) announced a monthly dividend on Friday, August 9th, NASDAQ reports. Investors of record on Friday, August 23rd will be given a dividend of 0.10 per share by the investment management company on Friday, August 30th. This represents a $1.20 annualized dividend and a dividend yield of 18.62%. The ex-dividend date of this dividend is Friday, August 23rd.

Abrdn Income Credit Strategies Fund Trading Up 0.4 %

Abrdn Income Credit Strategies Fund stock opened at $6.45 on Thursday. Abrdn Income Credit Strategies Fund has a 52 week low of $5.55 and a 52 week high of $7.17. The firm’s 50-day simple moving average is $6.63 and its 200 day simple moving average is $6.71.

Abrdn Income Credit Strategies Fund Company Profile

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.