Abrdn Income Credit Strategies Fund (ACP) to Issue Quarterly Dividend of $0.33 on September 30th

Abrdn Income Credit Strategies Fund (NYSE:ACP) announced a quarterly dividend on Wednesday, September 10th, RTT News reports. Investors of record on Tuesday, September 23rd will be given a dividend of 0.3281 per share by the investment management company on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 22.3%. The ex-dividend date is Tuesday, September 23rd.

Abrdn Income Credit Strategies Fund Price Performance

Abrdn Income Credit Strategies Fund stock opened at $5.90 on Friday. The business’s fifty day simple moving average is $5.94 and its two-hundred day simple moving average is $5.84. Abrdn Income Credit Strategies Fund has a 12 month low of $4.92 and a 12 month high of $6.65.

About Abrdn Income Credit Strategies Fund

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.