The India Fund, Inc. (NYSE:IFN – Get Free Report) declared a quarterly dividend on Monday, November 11th,Zacks Dividends reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.93 per share by the investment management company on Friday, January 10th. This represents a $3.72 annualized dividend and a dividend yield of 21.59%. The ex-dividend date is Thursday, November 21st. This is a boost from The India Fund’s previous quarterly dividend of $0.49.
The India Fund has decreased its dividend payment by an average of 5.6% annually over the last three years.
The India Fund Trading Down 0.5 %
IFN traded down $0.09 during trading on Wednesday, hitting $17.23. The company had a trading volume of 272,396 shares, compared to its average volume of 170,618. The India Fund has a 1-year low of $16.62 and a 1-year high of $21.25. The business has a 50-day moving average of $18.32 and a 200-day moving average of $18.11.
About The India Fund
The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.
Featured Stories
- Five stocks we like better than The India Fund
- Investing in Travel Stocks Benefits
- Rocket Lab is the Right Stock for the Right Time
- What is a support level?
- SoundHound AI Will Advance By Triple Digits in 2025: Here’s Why
- Canadian Penny Stocks: Can They Make You Rich?
- Celsius Holdings: Big Drop, Big Opportunity? Analysts Say Yes
Receive News & Ratings for The India Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The India Fund and related companies with MarketBeat.com's FREE daily email newsletter.
