Aberdeen Income Credit Strategies Fund (NYSE:ACP – Get Rating) announced a monthly dividend on Thursday, May 12th, Wall Street Journal reports. Shareholders of record on Friday, May 20th will be paid a dividend of 0.10 per share by the investment management company on Tuesday, May 31st. This represents a $1.20 dividend on an annualized basis and a yield of 14.10%. The ex-dividend date is Thursday, May 19th.
Aberdeen Income Credit Strategies Fund has decreased its dividend by an average of 3.1% annually over the last three years.
Shares of Aberdeen Income Credit Strategies Fund stock opened at $8.51 on Friday. Aberdeen Income Credit Strategies Fund has a 52 week low of $8.50 and a 52 week high of $12.53. The stock has a 50 day moving average price of $9.57 and a two-hundred day moving average price of $10.18.
Aberdeen Income Credit Strategies Fund Company Profile (Get Rating)
Avenue 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.
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