Last checked at 
18 Apr 2023 16:10
abrdn Asian Income Fund Limited (the "Company")
Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87
18 April 2023
Declaration of First Interim Dividend
The Directors of the Company have today declared a first interim dividend in respect of the year ending 31 December 2023 of 2.50p per Ordinary share of No Par Value (first interim for 2022: 2.30p). The first interim dividend will be payable on 23 May 2023 to Ordinary shareholders on the register on 28 April 2023, ex-dividend date 27 April 2023.
The Board is very aware of the importance of dividends to shareholders and is pleased to reiterate that, in the absence of unforeseen circumstances, it is its intention to declare a total dividend of at least 10.60p per Ordinary share in respect of the year to 31 December 2023, equating to a dividend yield of 5.0% based on the closing share price of 214p on 17 April 2023.
The level of the remaining three dividends for 2023 will be considered at each quarter end, at which point an announcement will be made by the Company. There are healthy revenue reserves built up by the Company that the Board will consider using as appropriate. Any decision as to whether revenue reserves will be utilised (and by how much) will be taken at the time of the declaration of the fourth interim dividend in January 2024.
The Company operates a Dividend Reinvestment Plan ("DRIP") which is managed by the registrar, Link Group, and the deadline for elections under the DRIP will be 28 April 2023.
abrdn Capital International Limited
Company Secretary