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PHILADELPHIA, March 10, 2026 /PRNewswire/ — The Board of Trustees of abrdn Income Credit Strategies Fund (the „Fund“), has declared a cash distribution of $0.328125 per share of the Fund’s 5.250% Series A Perpetual Preferred Shares (NYSE: ACP PRA) („Series A Preferred Shares“). The distribution is payable on March 31, 2026, to holders of Series A Preferred Shares of record on March 20, 2026 (ex-dividend date March 20, 2026).
The Series A Preferred Shares trade on the NYSE under the symbol „ACP PRA“, are rated „A2“ by Moody’s Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pay distributions quarterly.
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6 Kommentare
Interesting update on abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend. Looking forward to seeing how this develops.
Good point. Watching closely.
Great insights on Fonds-News. Thanks for sharing!
I’ve been following this closely. Good to see the latest updates.
Solid analysis. Will be watching this space.
This is very helpful information. Appreciate the detailed analysis.