Abrdn Income Credit Strategies Fund (ACP) To Go Ex-Dividend on November 21st

Abrdn Income Credit Strategies Fund (NYSE:ACP) declared a monthly dividend on Tuesday, November 11th. Stockholders of record on Friday, November 21st will be paid a dividend of 0.0775 per share by the investment management company on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 17.2%. The ex-dividend date is Friday, November 21st.

Abrdn Income Credit Strategies Fund Stock Down 1.4%

ACP stock opened at $5.40 on Wednesday. The stock’s 50 day moving average price is $5.67 and its 200 day moving average price is $5.81. Abrdn Income Credit Strategies Fund has a 1 year low of $4.92 and a 1 year high of $6.55.

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.