The India Fund, Inc. Announces Distribution Payment Details

PHILADELPHIA, PA / ACCESSWIRE / May 20, 2024 / The India Fund, Inc. (NYSE:IFN) announced a distribution of $0.45 per share on July 5, 2024, to shareholders of record as of May 30, 2024. This stock distribution will automatically be paid in newly issued shares unless otherwise instructed by the shareholder.

A Form 1099-DIV will be sent to shareholders at the end of the calendar year, detailing the amount and composition of the distributions for tax purposes. The valuation date for this stock distribution is June 21, 2024. Fractional shares will be settled in cash, except for registered shareholders with book-entry accounts at Computershare Investor Services, who will get whole and fractional shares added to their account.

Shareholders can opt to receive cash instead of shares for the July distribution by informing the Depository Trust Company or Computershare Investor Services by June 20, 2024. The fund's distribution policy aims to provide stable distributions supported by current income, capital gains, or paid-in capital.