Aberdeen Asia-Pacific Income Investment Announces Monthly Dividend of $0.02 (TSE:FAP)

Aberdeen Asia-Pacific Income Investment (TSE:FAP) declared a monthly dividend on Friday, September 18th, TickerTech reports. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.0225 per share on Wednesday, September 30th. This represents a $0.27 dividend on an annualized basis and a yield of 9.06%. The ex-dividend date is Friday, September 18th.

Shares of Aberdeen Asia-Pacific Income Investment stock traded up C$0.03 during trading on Wednesday, reaching C$2.98. The company’s stock had a trading volume of 300 shares, compared to its average volume of 53,764. The company has a quick ratio of 0.29, a current ratio of 0.37 and a debt-to-equity ratio of 36.68. Aberdeen Asia-Pacific Income Investment has a 52-week low of C$2.51 and a 52-week high of C$3.67. The firm’s 50-day moving average is C$2.93 and its two-hundred day moving average is C$2.89. The company has a market cap of $149.70 million and a price-to-earnings ratio of -6.05.

About Aberdeen Asia-Pacific Income Investment

Aberdeen Asia-Pacific Income Investment Company Limited is a close ended fixed income mutual fund launched by Aberdeen Standard Investments (Asia) Limited. The fund is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. It invests in fixed income markets of the Asia-Pacific region.

Further Reading: What is diluted earnings per share (Diluted EPS)?

Dividend History for Aberdeen Asia-Pacific Income Investment (TSE:FAP)

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