Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Announces $0.22 Monthly Dividend

by · The Markets Daily

Abrdn Global Infrastructure Income Fund (NYSE:ASGIGet Free Report) announced a monthly dividend on Friday, September 11th. Investors of record on Tuesday, September 22nd will be given a dividend of 0.22 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 13.1%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Abrdn Global Infrastructure Income Fund Stock Down 0.8%

Shares of NYSE ASGI opened at $20.12 on Friday. The stock’s fifty day moving average price is $23.46 and its two-hundred day moving average price is $23.37. Abrdn Global Infrastructure Income Fund has a one year low of $20.00 and a one year high of $25.95.

Abrdn Global Infrastructure Income Fund Company Profile

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Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end management investment company that seeks to deliver both current income and potential capital appreciation by investing in a diversified portfolio of global infrastructure securities. The fund provides investors with exposure to companies and projects that operate essential infrastructure assets such as utilities, energy networks, transportation systems, and communications facilities. Shares of ASGI trade on the New York Stock Exchange, offering market-based liquidity for investors seeking infrastructure income strategies.

The fund’s investment approach combines equity and debt instruments issued by infrastructure issuers in developed and select emerging markets.

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