PHILADELPHIA, Sept. 12, 2016 /PRNewswire/ -- The India Fund, Inc. (NYSE: IFN) (the "Fund"), a closed-end equity fund, announced today that it will pay a dividend of US$0.2156 per share on September 28, 2016 to all shareholders of record as of September 21, 2016. This distribution is comprised of $0.0369 per share of net investment income and $0.1787 per share of net realized long-term capital gains.
In January 2017, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2016 calendar year.
The Fund is managed and advised by Aberdeen Asset Management Asia Limited. The Fund's shares trade on the NYSE under the symbol "IFN".
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.
If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-india-fund-inc-announces-dividend-300326432.html
SOURCE The India Fund, Inc.