Abrdn Income Credit Strategies Fund (NYSE:ACP) Plans Dividend of $0.10

Abrdn Income Credit Strategies Fund (NYSE:ACP) announced a dividend on Monday, November 11th,NASDAQ Dividends reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.10 per share by the investment management company on Friday, November 29th. The ex-dividend date is Thursday, November 21st.

Abrdn Income Credit Strategies Fund Price Performance

Shares of ACP remained flat at $6.55 during mid-day trading on Tuesday. 529,909 shares of the company traded hands, compared to its average volume of 478,136. Abrdn Income Credit Strategies Fund has a 52-week low of $5.97 and a 52-week high of $7.05. The firm’s fifty day simple moving average is $6.52 and its 200 day simple moving average is $6.60.

About Abrdn Income Credit Strategies Fund

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.