Latest news for India Fund (NYSE:IFN) Stock

India Fund

India Fund Inc is an asset management company. The fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The company's portfolio is non-diversified closed-end management investment company across various sectors such as financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services, utilities and others. Geographically, all the business activity functions through the market of United States.

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India Fund Inc

INFINEON TECHS AG by Infineon Technologies AG

Infineon Technologies AG

INFINEON TECHS AG S/ADR by Infineon Technologies AG

<p>Wednesday marks the last chance for investors to receive the next  dividend payout from <strong>India Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFN#NYSE">IFN</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Tuesday that it would pay shareholders a quarterly dividend of 39 cents per share. On Thursday, India Fund will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own IFN as of the end of Wednesday's session are eligible to receive the 39 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on June 30, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To read more news on India Fund <a href="https://www.benzinga.com/stock//">click here</a></p>
<p><a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.  </p>


Dividends

India Fund's Ex-Dividend Date Is Thursday, Here's What You Need To Know

<p>On June 9, 2021, <strong>India Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFN#NYSE">IFN</a>) declared a dividend payable on June 30, 2021 to its shareholders. India Fund also announced that shareholders on the company's books on or before June 23, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for India Fund is set for June 22, 2021. The company's current dividend payout sits at $0.58, equating to a dividend yield of 10.36% at current price levels. </p>
<h2>What Is An Ex-Dividend Date?</h2>
<p>An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.  </p>
<h2>Understanding India Fund's Dividend Payouts And Yields</h2>
<p>Over the past year, India Fund has experienced an overall upward trend regarding its dividend payouts and a downward trend regarding its yields. Last year on June 18, 2020 the company's payout was $0.42, which has since grown by $0.16. India Fund's dividend yield last year was 10.39%, which has since decreased by 0.03%.<br />
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.  </p>
<p>To read more news on India Fund <a href="https://www.benzinga.com/stock/ifn/">click here</a>.  </p>


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