India Fund, Inc. (NYSE:IFN – Get Free Report) declared a quarterly dividend on Tuesday, November 10th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.37 per share by the investment management company on Tuesday, January 12th. This represents a $1.48 annualized dividend and a dividend yield of 12.8%. The ex-dividend date is Friday, November 20th.
India Fund Stock Down 0.3%
Shares of NYSE IFN traded down $0.03 during midday trading on Wednesday, reaching $11.54. 147,581 shares of the company’s stock were exchanged, compared to its average volume of 199,201. India Fund has a 52-week low of $10.13 and a 52-week high of $15.43. The business’s fifty day moving average price is $10.80 and its two-hundred day moving average price is $11.70.
India Fund Company Profile
The India Fund, Inc. (NYSE: IFN) is a closed-end investment fund focused on India. Its objective is long-term capital appreciation, and it invests primarily in the equity securities of companies with economic ties to India. The fund provides investors with access to a portfolio of Indian companies across multiple industries. It is managed by abrdn Asia Limited.
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