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You are at:Home » ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND – abrdn Inc Credit Strat (NYSE:ACP), ProAssurance (NYSE:PRA)
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ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND – abrdn Inc Credit Strat (NYSE:ACP), ProAssurance (NYSE:PRA)

News RoomNews RoomJun 10, 2025 8:32 pm EDT0 ViewsNo Comments3 Mins Read
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PHILADELPHIA, June 10, 2025/ PRNewswire/– The Board of Trustees of abrdn Earnings Credit Techniques Fund (the “Fund”), has actually stated a money circulation of $ 0.328125 per share of the Fund’s 5.250% Series A Continuous Preferred Shares ( NYSE: ACP PRA) (” Series A Preferred Shares”). The circulation is payable on June 30, 2025, to holders of Series A Preferred Shares of record on June 20, 2025 (ex-dividend date June 20, 2025).

The Series A Preferred Shares trade on the NYSE under the sign “ ACP PRA“, are ranked “A2” by Moody’s Investors Service and have a yearly dividend rate of $ 1.3125 per share. The Series A Preferred Shares were released on Might 10, 2021, at $ 25.00 per share and pay circulations quarterly.

Circulations might be paid from income sources aside from normal earnings, such as net recognized short-term capital gains, net recognized long-lasting capital gains and return of capital. The real quantities and sources of the quantities for tax reporting functions will rely on the Fund’s financial investment experience throughout the rest of its and might undergo modifications based upon tax policies. In January 2026, a Kind 1099-DIV will be sent out to investors, which will specify the quantity and structure of circulations and supply details with regard to their suitable tax treatment for the 2025 fiscal year.

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You need to not draw any conclusions about the Fund’s financial investment efficiency from the quantity of this circulation.

Aberdeen Investments Global is the brand name of Aberdeen’s financial investments organization, herein described as “Aberdeen Investments” or “Aberdeen”. In the United States, Aberdeen Investments describes the following connected, signed up financial investment consultants: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Closed-end funds are traded on the secondary market through among the stock market. A Fund’s financial investment return and primary worth will vary so that a financier’s shares might deserve basically than the initial expense. Shares of closed-end funds might trade above (a premium) or listed below (a discount rate) the net property worth (NAV) of the fund’s portfolio. There is no guarantee that a Fund will accomplish its financial investment goal. Previous efficiency does not ensure future outcomes.

SOURCE abrdn Earnings Credit Techniques Fund 5.25% Series A Continuous Preferred Shares

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