Aberdeen Asia-Pacific Income Investment (TSE:FAP) announced a monthly dividend on Friday, September 18th, TickerTech reports. Investors of record on Wednesday, September 30th will be paid a dividend of 0.0225 per share on Wednesday, September 30th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.06%. The ex-dividend date is Friday, September 18th.
FAP stock traded up C$0.03 during mid-day trading on Wednesday, hitting C$2.98. 300 shares of the company were exchanged, compared to its average volume of 53,764. The firm has a fifty day simple moving average of C$2.93 and a 200 day simple moving average of C$2.89. The company has a market capitalization of $149.70 million and a PE ratio of -6.05. Aberdeen Asia-Pacific Income Investment has a twelve month low of C$2.51 and a twelve month high of C$3.67. The company has a current ratio of 0.37, a quick ratio of 0.29 and a debt-to-equity ratio of 36.68.
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.
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