abrdn Income Credit Strategies Fund Announces New Quarterly Dividend for Series A Preferred Shares
Announcement of Dividend Distribution by abrdn Income Credit Strategies Fund
On September 8, 2026, the Board of Trustees for the abrdn Income Credit Strategies Fund made a significant announcement regarding its investment strategy. The Fund has officially declared a cash distribution of $0.328125 per share for its 5.250% Series A Perpetual Preferred Shares (ticker: ACP PRA) for the upcoming quarter. This distribution reflects the Fund's ongoing commitment to its shareholders and highlights its financial strategies in a fluctuating market.
Details of the Distribution
The announced dividend will be payable on September 30, 2026, to all record holders as of September 18, 2026. This distribution carries an ex-dividend date of the same day, indicating the point at which shares no longer come with the dividend right. Investors are advised to pay close attention to these key dates to ensure they are eligible for the upcoming cash distribution.
The Series A Preferred Shares, which trade on the NYSE, received an