Abrdn Global Infrastructure Income Fund (NYSE:ASGI) to Issue Monthly Dividend of $0.21

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Tuesday, September 10th, Zacks reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 12.73%. The ex-dividend date is Friday, September 20th. This is a positive change from Abrdn Global Infrastructure Income Fund’s previous monthly dividend of $0.20.

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

Abrdn Global Infrastructure Income Fund Stock Down 0.3 %

NYSE:ASGI traded down $0.05 during mid-day trading on Thursday, reaching $19.80. The stock had a trading volume of 71,034 shares, compared to its average volume of 99,826. Abrdn Global Infrastructure Income Fund has a 1-year low of $14.96 and a 1-year high of $20.10. The stock’s 50 day simple moving average is $19.06 and its two-hundred day simple moving average is $18.35.

About Abrdn Global Infrastructure Income Fund

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.