AAIF Abrdn Asian Income Fund Limited

TIDMAAIF

RNS Number : 5207G

abrdn Asian Income Fund Limited

19 July 2023

abrdn Asian Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87

19 July 2023

Declaration of Second Interim Dividend

The Directors of the Company have today declared a second interim dividend in respect of the year ending 31 December 2023 of 2.50p (2022: 2.30p) per Ordinary share of No Par Value. The dividend will be payable on 25 August 2023 to Ordinary shareholders on the register on 28 July 2023, ex-dividend date 27 July 2023.

The Board is very aware of the importance of dividends to shareholders and is pleased to reiterate that, in the absence of unforeseen circumstances, it is its intention to declare a total dividend of at least 10.60p per Ordinary share in respect of the year to 31 December 2023, equating to a dividend yield of 5.3% based on the closing share price of 199.0p on 18 July 2023.

The level of the remaining two dividends for 2023 will be considered at each quarter end, at which point an announcement will be made by the Company. There are healthy revenue reserves built up by the Company that the Board will consider using as appropriate. 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 2024.

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 4 August 2023.

abrdn Capital International Limited

Company Secretary

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(END) Dow Jones Newswires

July 19, 2023 05:11 ET (09:11 GMT)

Grafico Azioni Abrdn Asian Income (LSE:AAIF)
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Grafico Azioni Abrdn Asian Income (LSE:AAIF)
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