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Abrdn Asia-Pacific Income Fund VCC ( (TSE:FAP) ) has provided an update.
The Abrdn Asia-Pacific Income Fund VCC announced a monthly distribution of CAD 1.75 cents per share to be paid on January 31, 2025. This distribution reflects the company’s policy to maintain stable monthly payouts. As a Singapore-based entity, distributions are treated as foreign income for Canadian tax purposes, and the actual tax implications will be determined after year-end. The announcement underscores the company’s commitment to consistent income distribution, though it advises shareholders not to infer investment performance from the distribution amounts.
More about Abrdn Asia-Pacific Income Fund VCC
Abrdn Asia-Pacific Income Fund VCC is a closed-end investment company that trades on the Toronto Stock Exchange. It focuses on providing investors with a stable monthly distribution and operates with a market focus on income generation from investments in the Asia-Pacific region.
YTD Price Performance: -1.07%
Average Trading Volume: 23,125
Technical Sentiment Consensus Rating: Sell
See more insights into FAP stock on TipRanks’ Stock Analysis page.
