Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Plans Monthly Dividend of $0.21

Abrdn Global Infrastructure Income Fund (NYSE:ASGIGet Free Report) declared a monthly dividend on Tuesday, June 11th, Zacks reports. Shareholders of record on Friday, June 21st will be given a dividend of 0.21 per share on Friday, June 28th. This represents a $2.52 annualized dividend and a yield of 13.73%. The ex-dividend date is Friday, June 21st. This is a positive change from Abrdn Global Infrastructure Income Fund’s previous monthly dividend of $0.20.

Abrdn Global Infrastructure Income Fund has increased its dividend payment by an average of 64.3% annually over the last three years.

Abrdn Global Infrastructure Income Fund Price Performance

Shares of Abrdn Global Infrastructure Income Fund stock opened at $18.35 on Wednesday. Abrdn Global Infrastructure Income Fund has a one year low of $14.96 and a one year high of $19.46. The business has a 50-day simple moving average of $18.15 and a 200-day simple moving average of $17.80.

Insider Transactions at Abrdn Global Infrastructure Income Fund

In other Abrdn Global Infrastructure Income Fund news, Director Alan R. Goodson purchased 3,881 shares of the stock in a transaction that occurred on Thursday, April 18th. The stock was purchased at an average cost of $16.83 per share, with a total value of $65,317.23. Following the completion of the acquisition, the director now directly owns 3,881 shares of the company’s stock, valued at approximately $65,317.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Saba Capital Management, L.P. purchased 8,397 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was acquired at an average price of $17.84 per share, for a total transaction of $149,802.48. Following the completion of the purchase, the insider now directly owns 2,913,572 shares of the company’s stock, valued at $51,978,124.48. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Alan R. Goodson purchased 3,881 shares of the business’s stock in a transaction dated Thursday, April 18th. The shares were bought at an average price of $16.83 per share, with a total value of $65,317.23. Following the purchase, the director now directly owns 3,881 shares of the company’s stock, valued at $65,317.23. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 180,689 shares of company stock valued at $3,145,369.

Abrdn Global Infrastructure Income Fund Company Profile

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Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.

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Dividend History for Abrdn Global Infrastructure Income Fund (NYSE:ASGI)

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