The India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Monday, September 14th, Wall Street Journal reports. Stockholders of record on Monday, September 21st will be given 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 dividend yield of 10.85%. The ex-dividend date of this dividend is Friday, September 18th. This is an increase from The India Fund’s previous quarterly dividend of $0.42.

NYSE:IFN opened at $16.96 on Wednesday. The India Fund has a one year low of $11.13 and a one year high of $21.28. The firm has a 50-day simple moving average of $16.55 and a 200-day simple moving average of $15.40.

The India Fund Company Profile

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.

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Dividend History for The India Fund (NYSE:IFN)

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