Aberdeen Income Credit Strategies Fund (ACP) to Issue Monthly Dividend of $0.12 on September 30th

Aberdeen Income Credit Strategies Fund (NYSE:ACP) declared a monthly dividend on Wednesday, September 11th, Zacks reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.12 per share by the investment management company on Monday, September 30th. This represents a $1.44 annualized dividend and a yield of 11.50%. The ex-dividend date is Friday, September 20th.

Aberdeen Income Credit Strategies Fund has decreased its dividend by an average of 8.1% per year over the last three years.

ACP stock opened at $12.52 on Friday. The business has a fifty day simple moving average of $12.32 and a 200-day simple moving average of $12.36. Aberdeen Income Credit Strategies Fund has a 52 week low of $10.07 and a 52 week high of $14.37.



About Aberdeen Income Credit Strategies Fund

Avenue Income Credit Strategies Fund is a closed ended fixed income fund launched by Avenue Capital Group. It is managed by Avenue Capital Management II LP. The fund invests in fixed income markets across the globe. It seeks to invest in loan and debt instruments. Avenue Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

Read More: How is a management fee different from a performance fee?

Dividend History for Aberdeen Income Credit Strategies Fund (NYSE:ACP)

Receive News & Ratings for Aberdeen Income Credit Strategies Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Income Credit Strategies Fund and related companies with MarketBeat.com's FREE daily email newsletter.