Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Plans $0.22 Monthly Dividend

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.22 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Monday, August 24th.

Abrdn Global Infrastructure Income Fund Stock Up 0.5%

Shares of NYSE:ASGI traded up $0.11 on Wednesday, reaching $23.95. 21,852 shares of the company’s stock were exchanged, compared to its average volume of 195,173. The business’s 50-day moving average is $23.26 and its two-hundred day moving average is $23.54. Abrdn Global Infrastructure Income Fund has a fifty-two week low of $20.01 and a fifty-two week high of $25.95.

Abrdn Global Infrastructure Income Fund Company Profile

Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end management investment company that seeks to deliver both current income and potential capital appreciation by investing in a diversified portfolio of global infrastructure securities. The fund provides investors with exposure to companies and projects that operate essential infrastructure assets such as utilities, energy networks, transportation systems, and communications facilities. Shares of ASGI trade on the New York Stock Exchange, offering market-based liquidity for investors seeking infrastructure income strategies.

The fund’s investment approach combines equity and debt instruments issued by infrastructure issuers in developed and select emerging markets.