Aberdeen Asia-Pacific Income Investment to Issue Monthly Dividend of $0.02 (FAP)

Aberdeen Asia-Pacific Income Investment (TSE:FAP) declared a monthly dividend on Tuesday, May 21st, TickerTech reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.0225 per share on Friday, May 31st. This represents a $0.27 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date is Tuesday, May 21st.

Shares of TSE:FAP opened at C$3.64 on Thursday. Aberdeen Asia-Pacific Income Investment has a 12-month low of C$3.19 and a 12-month high of C$4.10. The stock has a market cap of $184.99 million and a PE ratio of -6.51. The company has a current ratio of 0.31, a quick ratio of 0.30 and a debt-to-equity ratio of 43.13.

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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.

Further Reading: Federal Reserve

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

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