Shares of The India Fund, Inc. (NYSE:IFN – Get Rating) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.24 and traded as low as $15.39. The India Fund shares last traded at $15.50, with a volume of 95,252 shares changing hands.
The India Fund Stock Performance
The business’s 50 day simple moving average is $15.64 and its two-hundred day simple moving average is $16.24.
The India Fund Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Tuesday, February 21st will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 11.10%. The ex-dividend date of this dividend is Friday, February 17th.
Institutional Inflows and Outflows
The India Fund Company Profile
The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.
- Get a free copy of the StockNews.com research report on The India Fund (IFN)
- The 3 Most Upgraded Stocks Are Reversing
- How to Find Blue Chip Dividend Stocks
- Zscaler, Inc Plummets, Is It Time To Buy The Dip?
- What is a Good Dividend Yield? How to Decide
- Taiwan Semiconductor Manufacturing Expanding in the West
Receive News & Ratings for The India Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The India Fund and related companies with MarketBeat.com's FREE daily email newsletter.