Aberdeen Asia-Pacific Income Investment (TSE:FAP) Trading 0.3% Higher
by Scott Moore
Aberdeen Asia-Pacific Income Investment (TSE:FAP)’s stock price traded up 0.3% during trading on Monday . The stock traded as high as C$3.55 and last traded at C$3.55, 35,313 shares were traded during trading. A decline of 36% from the average session volume of 54,849 shares. The stock had previously closed at C$3.54.
The stock has a market capitalization of $179.94 million and a price-to-earnings ratio of 169.05. The company has a quick ratio of 0.17, a current ratio of 0.18 and a debt-to-equity ratio of 41.83. The business has a 50-day simple moving average of C$3.47 and a two-hundred day simple moving average of C$3.52.
The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were given a $0.0225 dividend. This represents a $0.27 annualized dividend and a yield of 7.63%. The ex-dividend date was Wednesday, November 20th. Aberdeen Asia-Pacific Income Investment’s dividend payout ratio (DPR) is presently 1,857.14%.
About Aberdeen Asia-Pacific Income Investment (TSE:FAP)
Aberdeen Asia-Pacific Income Investment Company Limited is a close ended fixed income mutual fund launched by Aberdeen Standard Investments (Asia) Limited. The fund is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. It invests in fixed income markets of the Asia-Pacific region.
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