Aberdeen Asia-Pacific Prime Income Fund said on April 11, 2023 that its board of directors declared a regular
monthly dividend of $0.03 per share ($0.33 annualized).
Previously, the company paid $0.03 per share.
Shares must be purchased before the ex-div date of April 20, 2023 to qualify for the dividend.
Shareholders of record as of April 21, 2023
will receive the payment on April 28, 2023.
At the current share price of $2.69 / share,
the stock’s dividend yield is 12.27%.
Looking back five years and taking a sample every week, the average dividend yield has been
9.21%,
the lowest has been 7.21%,
and the highest has been 14.22%.
The standard deviation of yields is 1.72 (n=195).
The current dividend yield is
1.78 standard deviations
above
the historical average.
The company has not increased its dividend in the last three years.
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What is the Fund Sentiment?
There are 192 funds or institutions reporting positions in Aberdeen Asia-Pacific Prime Income Fund.
This is an increase
of
9
owner(s) or 4.92% in the last quarter.
Average portfolio weight of all funds dedicated to FAX is 0.18%,
an increase
of 5.76%.
Total shares owned by institutions increased
in the last three months by 1.42% to 68,722K shares.
What are Other Shareholders Doing?
Mml Investors Services
holds 39K shares.
In it’s prior filing, the firm reported owning 52K shares, representing
a decrease
of 32.64%.
The firm
decreased
its portfolio allocation in FAX by 99.93% over the last quarter.
WealthTrust Axiom
holds 21K shares.
In it’s prior filing, the firm reported owning 20K shares, representing
an increase
of 0.11%.
The firm
decreased
its portfolio allocation in FAX by 3.24% over the last quarter.
Arete Wealth Advisors
holds 53K shares.
D.a. Davidson &
holds 11K shares.
In it’s prior filing, the firm reported owning 11K shares, representing
an increase
of 0.92%.
The firm
decreased
its portfolio allocation in FAX by 4.12% over the last quarter.
Thomas J. Herzfeld Advisors
holds 1,189K shares.
In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00%.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
