Abrdn Global Infrastructure Income Fund to Issue Monthly Dividend of $0.12 (NYSE:ASGI)

Abrdn Global Infrastructure Income Fund (NYSE:ASGIGet Free Report) declared a monthly dividend on Tuesday, September 12th, Zacks reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 0.12 per share on Friday, September 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 8.38%. The ex-dividend date is Thursday, September 21st.

Abrdn Global Infrastructure Income Fund Trading Up 0.9 %

Shares of Abrdn Global Infrastructure Income Fund stock opened at $17.18 on Thursday. Abrdn Global Infrastructure Income Fund has a 52-week low of $15.27 and a 52-week high of $18.83. The company’s 50-day simple moving average is $17.60 and its 200-day simple moving average is $17.62.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ASGI. Advisory Services Network LLC purchased a new stake in shares of Abrdn Global Infrastructure Income Fund in the first quarter valued at about $48,000. JPMorgan Chase & Co. purchased a new stake in shares of Abrdn Global Infrastructure Income Fund in the first quarter valued at about $116,000. Guggenheim Capital LLC purchased a new stake in shares of Abrdn Global Infrastructure Income Fund in the first quarter valued at about $182,000. Kestra Advisory Services LLC purchased a new stake in shares of Abrdn Global Infrastructure Income Fund in the second quarter valued at about $201,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Abrdn Global Infrastructure Income Fund by 12.5% in the second quarter. Osaic Holdings Inc. now owns 14,270 shares of the company’s stock valued at $254,000 after purchasing an additional 1,585 shares in the last quarter.

Abrdn Global Infrastructure Income Fund Company Profile

(Get Free Report)

Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.

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Dividend History for Abrdn Global Infrastructure Income Fund (NYSE:ASGI)

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