The India Fund, Inc. (IFN) To Go Ex-Dividend on September 18th

The India Fund, Inc. (NYSE:IFN) declared a quarterly dividend on Monday, September 14th, Wall Street Journal reports. Investors of record on Monday, September 21st will be paid a dividend of 0.46 per share by the investment management company on Wednesday, September 30th. This represents a $1.84 annualized dividend and a yield of 10.85%. The ex-dividend date of this dividend is Friday, September 18th. This is a boost from The India Fund’s previous quarterly dividend of $0.42.

Shares of NYSE:IFN opened at $16.96 on Wednesday. The India Fund has a 52-week low of $11.13 and a 52-week high of $21.28. The firm has a fifty day moving average of $16.55 and a 200 day moving average of $15.40.

About The India Fund

The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.

Read More: Hold Rating

Dividend History for The India Fund (NYSE:IFN)

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