SYS-CON MEDIA Authors: Jayaram Krishnaswamy, Lori MacVittie, Gilad Parann-Nissany, Unitiv Blog, Bob Gourley

News Feed Item

The India Fund, Inc. Announces Dividend

PHILADELPHIA, Dec. 20, 2013 /PRNewswire/ -- The India Fund, Inc. (NYSE: IFN) (the "Fund"), a closed-end equity fund, announced today that it will pay a dividend of US$0.88983 per share on January 17, 2014 to all shareholders of record as of December 31, 2013.  This distribution is comprised of $0.08117 per share of net investment income, $0.00322 per share of net realized short-term capital gains and $0.80544 per share of net realized long-term capital gains.

(Logo:  http://photos.prnewswire.com/prnh/20121106/NE07292LOGO )

In January 2014, 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 2013 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 or from the terms of the Fund's Plan. 

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 [email protected]

www.aberdeenifn.com

SOURCE The India Fund, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.