abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2024
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Source: accesswire
Distribution Announcement: The abrdn Income Credit Strategies Fund has declared a cash distribution of $0.328125 per share for its 5.250% Series A Perpetual Preferred Shares, payable on September 30, 2024, to shareholders of record as of September 20, 2024.
Investment Information: The Series A Preferred Shares are rated "A2" by Moody's and have an annual dividend rate of $1.3125, with distributions potentially sourced from various income types; tax reporting will be provided in January 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
