Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Announces Dividend Increase – $0.21 Per Share

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) declared a monthly dividend on Tuesday, September 10th, Zacks reports. Shareholders of record on Friday, September 20th will be paid a dividend of 0.21 per share on Monday, September 30th. This represents a $2.52 annualized dividend and a yield of 12.76%. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from Abrdn Global Infrastructure Income Fund’s previous monthly dividend of $0.20.

Abrdn Global Infrastructure Income Fund has increased its dividend payment by an average of 64.3% per year over the last three years.

Abrdn Global Infrastructure Income Fund Trading Down 0.5 %

Shares of ASGI stock traded down $0.10 during trading hours on Thursday, reaching $19.75. The company’s stock had a trading volume of 83,539 shares, compared to its average volume of 99,886. Abrdn Global Infrastructure Income Fund has a fifty-two week low of $14.96 and a fifty-two week high of $20.10. The firm’s 50 day simple moving average is $19.06 and its 200-day simple moving average is $18.35.

Abrdn Global Infrastructure Income Fund Company Profile

Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.