Abrdn Global Infrastructure Income Fund (ASGI) To Go Ex-Dividend on November 21st

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) declared a monthly dividend on Monday, November 11th,NASDAQ Dividends reports. Shareholders of record on Thursday, November 21st will be given a dividend of 0.21 per share on Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 12.84%. The ex-dividend date is Thursday, November 21st.

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

Abrdn Global Infrastructure Income Fund Price Performance

ASGI opened at $19.62 on Tuesday. Abrdn Global Infrastructure Income Fund has a 12-month low of $16.58 and a 12-month high of $20.35. The stock’s 50-day moving average price is $19.83 and its 200 day moving average price is $19.19.

Insider Transactions at Abrdn Global Infrastructure Income Fund

In related news, major shareholder Saba Capital Management, L.P. sold 2,349 shares of Abrdn Global Infrastructure Income Fund stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $19.67, for a total transaction of $46,204.83. Following the completion of the sale, the insider now owns 2,955,400 shares in the company, valued at approximately $58,132,718. This trade represents a 0.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Abrdn Global Infrastructure Income Fund Company Profile

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.