The India Fund, Inc. (NYSE:IFN) Increases Dividend to $0.46 Per Share
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.
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