India Fund, Inc. (IFN) to Issue Quarterly Dividend of $0.37 on August 31st

India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Tuesday, August 11th. Stockholders of record on Monday, August 24th will be given a dividend of 0.37 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date is Monday, August 24th.

India Fund Price Performance

Shares of IFN stock opened at $11.86 on Friday. India Fund has a twelve month low of $10.72 and a twelve month high of $15.62. The company’s 50-day moving average price is $11.65 and its 200-day moving average price is $11.95.

India Fund Company Profile

The India Fund, Inc (NYSE: IFN) is a closed-end management investment company incorporated in Maryland. It seeks to provide shareholders with long-term growth of capital, as well as current income. The fund trades on the New York Stock Exchange and offers investors access to equity markets in India through a diversified portfolio of Indian companies.

IFN invests primarily in equity securities of companies organized or domiciled in India, including common stocks, depositary receipts and other equity-related instruments.