Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) Director Peter D. Sacks sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 24th. The stock was sold at an average price of $3.96, for a total transaction of $25,740.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NYSEAMERICAN:FAX opened at $3.93 on Friday. Aberdeen Asia-Pacific Income Fund, Inc. has a 1-year low of $3.92 and a 1-year high of $5.11.
The company also recently announced a monthly dividend, which will be paid on Monday, October 29th. Stockholders of record on Friday, October 19th will be issued a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a dividend yield of 10.69%. The ex-dividend date is Thursday, October 18th.
Aberdeen Asia-Pacific Income Fund Company Profile
Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Asset Management Asia Limited. It is co-managed by Aberdeen Asset Management Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
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