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

Aberdeen Asia-Pacific Income Investment (TSE:FAP) announced a monthly dividend on Friday, September 18th, TickerTech reports. Investors of record on Wednesday, September 30th will be given a dividend of 0.0225 per share on Wednesday, September 30th. This represents a $0.27 annualized dividend and a yield of 9.15%. The ex-dividend date of this dividend is Friday, September 18th.

FAP opened at C$2.95 on Wednesday. The company has a market capitalization of $149.70 million and a price-to-earnings ratio of -6.05. The business’s 50-day moving average price is C$2.93 and its two-hundred day moving average price is C$2.89. Aberdeen Asia-Pacific Income Investment has a 1 year low of C$2.51 and a 1 year high of C$3.67. The company has a debt-to-equity ratio of 36.68, a current ratio of 0.37 and a quick ratio of 0.29.

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.

See Also: Diversification

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

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