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Pin to quick picksAbrdn Asn Inc Regulatory News (AAIF)

Share Price Information for Abrdn Asn Inc (AAIF)

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Share Price: 213.00
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Change: 1.50 (0.71%)
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abrdn Asian Income is an Investment Trust

To provide investors with a total return primarily through investing in Asia Pacific securities, including those with an above average yield. The Company aims to grow its dividends over time.

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Third Interim Dividend

13 Oct 2020 10:54

RNS Number : 9321B
Aberdeen Asian Income Fund Limited
13 October 2020
 

Aberdeen Asian Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87

 

13 October 2020

 

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 2020 of 2.25p per Ordinary share of No Par Value (third interim for 2019: 2.25p). The third interim dividend will be payable on 18 November 2020 to Ordinary shareholders on the register on 23 October 2020, ex-dividend date 22 October 2020.

 

As previously reported, the Board is mindful of the Company's objective of growing dividends over time and is keen to retain its 'AIC Dividend Hero' status therefore, if appropriate, it will consider using the Company's healthy revenue reserves built up over the past decade where necessary. 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 2021.

The Company operates a Dividend Reinvestment Plan (DRIP) which is managed by the registrar, Link Asset Services, and the deadline for elections under the DRIP will be 28 October 2020.

 

Aberdeen Standard Capital International Limited

Company Secretary

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