Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Declares $0.19 Dividend

by · The Cerbat Gem

Abrdn Global Infrastructure Income Fund (NYSE:ASGIGet Free Report) declared a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.19 per share on Monday, March 31st. The ex-dividend date is Tuesday, March 25th.

Abrdn Global Infrastructure Income Fund has increased its dividend payment by an average of 17.3% per year over the last three years.

Abrdn Global Infrastructure Income Fund Stock Performance

Shares of ASGI traded down $0.03 during trading hours on Thursday, hitting $17.86. The stock had a trading volume of 84,197 shares, compared to its average volume of 134,585. Abrdn Global Infrastructure Income Fund has a 1-year low of $16.58 and a 1-year high of $20.35. The firm has a 50 day simple moving average of $17.82 and a 200-day simple moving average of $18.89.

Insider Buying and Selling

In other news, Director Thomas W. Hunersen bought 5,000 shares of Abrdn Global Infrastructure Income Fund stock in a transaction that occurred on Wednesday, January 15th. The shares were acquired at an average price of $17.67 per share, with a total value of $88,350.00. Following the completion of the purchase, the director now directly owns 6,000 shares in the company, valued at $106,020. The trade was a 500.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

About Abrdn Global Infrastructure Income Fund

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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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