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Market Cap: £480.28m
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Third Interim Dividend

16 Oct 2024 14:43

RNS Number : 4727I
abrdn Asian Income Fund Limited
16 October 2024
 

abrdn Asian Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87

 

16 October 2024

 

Declaration of Third Interim Dividend

 

The Directors of the Company have today declared a third interim dividend in respect of the year ending 31 December 2024 of 2.55p per Ordinary share of No Par Value (2023: 2.50p). The dividend will be payable on 22 November 2024 to Ordinary shareholders on the register on 25 October 2024, ex-dividend date 24 October 2024.

 

The Board is aware of the importance of dividends to shareholders. In the absence of unforeseen circumstances it is the Board's intention to increase the level of dividend for the year (2023: 11.75p) so as to enable the Company to retain its status as a "next generation dividend hero" as recognised by the Association of Investment Companies.

 

The level of the fourth and final interim dividend for 2024 will be considered in January 2025, at which point an announcement will be made by the Company. 

 

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 1 November 2024.

 

abrdn Investments Limited

Administrator

 

 

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