Abrdn Income Credit Strategies Fund: Key Insights Before Ex-Dividend Date, Jun 23, 2025

Abrdn Income Credit Strategies Fund (ACP) has announced a cash dividend of $0.078 per share, with the ex-dividend date set for Jun 23, 2025. This dividend, scheduled for payment on Jun 30, 2025, was announced on Jun 10, 2025. The average of the last ten dividends is approximately $0.113, making the current dividend lower. The previous dividend, paid on May 30, 2025, was also $0.078 per share, reflecting consistency in the payout.

Recently, ACP has been the subject of significant attention in the financial community. Analysts have noted the fund's primary objective of achieving high current income, with a secondary focus on capital appreciation. However, concerns have been raised about the sustainability of ACP's high distribution yield, which some believe is maintained through return of capital, potentially leading to a shrinking net asset value and further cuts in the future. Over the past week, ACP shares crossed above the 200-day moving average, a development that has caught the attention of market observers.

Since the last update, ACP's stock performance has seen fluctuations, with its price slightly decreasing from $5.90 to $5.88 on Jun 17, 2025. This movement underscores the volatility and challenges the fund faces in maintaining its yield and market value. As of late, the fund's strategic approach and market dynamics continue to be closely monitored by investors and analysts alike.

In conclusion, as ACP approaches its ex-dividend date on Jun 23, 2025, potential investors should be aware that this is the last opportunity to purchase shares and receive the upcoming dividend. Any acquisitions made post this date will not qualify for the current dividend distribution. Investors must weigh the prospects and challenges facing the fund as they consider their investment decisions.