Abrdn Income Credit Strategies Fund (ACP) to Issue Monthly Dividend of $0.10 on October 31st

Abrdn Income Credit Strategies Fund (NYSE:ACP) announced a monthly dividend on Wednesday, October 9th, NASDAQ reports. Investors of record on Thursday, October 24th will be given a dividend of 0.10 per share by the investment management company on Thursday, October 31st. This represents a $1.20 dividend on an annualized basis and a yield of 18.07%. The ex-dividend date is Thursday, October 24th.

Abrdn Income Credit Strategies Fund Stock Up 0.3 %

NYSE ACP opened at $6.64 on Tuesday. Abrdn Income Credit Strategies Fund has a 12-month low of $5.55 and a 12-month high of $7.05. The company has a fifty day simple moving average of $6.48 and a two-hundred day simple moving average of $6.61.

About Abrdn Income Credit Strategies Fund

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.