{"id":885325,"date":"2025-09-10T17:30:33","date_gmt":"2025-09-10T21:30:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/"},"modified":"2025-09-10T17:30:33","modified_gmt":"2025-09-10T21:30:33","slug":"abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/","title":{"rendered":"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">PHILADELPHIA<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 10, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The Board of Trustees of abrdn Income Credit Strategies Fund (the &#8220;Fund&#8221;), has declared a cash distribution of <span class=\"xn-money\">$0.328125<\/span> per share of the Fund&#8217;s 5.250% Series A Perpetual Preferred Shares <b>(<\/b><b>NYSE<\/b><b>: <span class=\"xn-person\">ACP PRA<\/span>)<\/b> (&#8220;Series A Preferred Shares&#8221;). The distribution is payable on <span class=\"xn-chron\">September 30, 2025<\/span>, to holders of Series A Preferred Shares of record on <span class=\"xn-chron\">September 22, 2025<\/span> (ex-dividend date <span class=\"xn-chron\">September 22, 2025<\/span>).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2698388\/Aberdeen_Investments_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2698388\/Aberdeen_Investments_Logo.jpg\" title=\"Aberdeen Investments (PRNewsfoto\/Aberdeen Investments U.S. Closed End Funds)\" alt=\"Aberdeen Investments (PRNewsfoto\/Aberdeen Investments U.S. Closed End Funds)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The Series A Preferred Shares trade on the NYSE under the symbol &#8220;<span class=\"xn-person\">ACP PRA<\/span>&#8220;, are rated &#8220;A2&#8221; by Moody&#8217;s Investors Service and have an annual dividend rate of <span class=\"xn-money\">$1.3125<\/span> per share.\u00a0 The Series A Preferred Shares were issued on <span class=\"xn-chron\">May 10, 2021<\/span>, at <span class=\"xn-money\">$25.00<\/span> per share and pay distributions quarterly.<\/p>\n<p>Distributions may be paid from sources of income other than ordinary income, such as net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund&#8217;s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.\u00a0 In <span class=\"xn-chron\">January 2026<\/span>, 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 2025 calendar year.\u00a0\u00a0\u00a0<\/p>\n<p>You should not draw any conclusions about the Fund&#8217;s investment performance from the amount of this distribution.\u00a0<\/p>\n<p>Aberdeen Investments Global is the trade name of Aberdeen&#8217;s investments business, herein referred to as &#8220;Aberdeen Investments&#8221; or &#8220;Aberdeen&#8221;. In <span class=\"xn-location\">the United States<\/span>, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.<\/p>\n<p>Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund&#8217;s investment return and principal value will fluctuate so that an investor&#8217;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)\u00a0the net asset value (NAV) of the fund&#8217;s portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=PH70748&amp;sd=2025-09-10\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-302553037.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-302553037.html<\/a><\/p>\n<p>SOURCE  abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH70748&amp;Transmission_Id=202509101617PR_NEWS_USPR_____PH70748&amp;DateId=20250910\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA , Sept. 10, 2025 \/PRNewswire\/ &#8212; The Board of Trustees of abrdn Income Credit Strategies Fund (the &#8220;Fund&#8221;), has declared a cash distribution of $0.328125 per share of the Fund&#8217;s 5.250% Series A Perpetual Preferred Shares (NYSE: ACP PRA) (&#8220;Series A Preferred Shares&#8221;). The distribution is payable on September 30, 2025, to holders of Series A Preferred Shares of record on September 22, 2025 (ex-dividend date September 22, 2025). The Series A Preferred Shares trade on the NYSE under the symbol &#8220;ACP PRA&#8220;, are rated &#8220;A2&#8221; by Moody&#8217;s Investors Service and have an annual dividend rate of $1.3125 per share.\u00a0 The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pay &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-885325","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHILADELPHIA , Sept. 10, 2025 \/PRNewswire\/ &#8212; The Board of Trustees of abrdn Income Credit Strategies Fund (the &#8220;Fund&#8221;), has declared a cash distribution of $0.328125 per share of the Fund&#8217;s 5.250% Series A Perpetual Preferred Shares (NYSE: ACP PRA) (&#8220;Series A Preferred Shares&#8221;). The distribution is payable on September 30, 2025, to holders of Series A Preferred Shares of record on September 22, 2025 (ex-dividend date September 22, 2025). The Series A Preferred Shares trade on the NYSE under the symbol &#8220;ACP PRA&#8220;, are rated &#8220;A2&#8221; by Moody&#8217;s Investors Service and have an annual dividend rate of $1.3125 per share.\u00a0 The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pay &hellip; Continue reading &quot;ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-10T21:30:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2698388\/Aberdeen_Investments_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND\",\"datePublished\":\"2025-09-10T21:30:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\\\/\"},\"wordCount\":381,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2698388\\\/Aberdeen_Investments_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\\\/\",\"name\":\"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/","og_locale":"en_US","og_type":"article","og_title":"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND - Market Newsdesk","og_description":"PR Newswire PHILADELPHIA , Sept. 10, 2025 \/PRNewswire\/ &#8212; The Board of Trustees of abrdn Income Credit Strategies Fund (the &#8220;Fund&#8221;), has declared a cash distribution of $0.328125 per share of the Fund&#8217;s 5.250% Series A Perpetual Preferred Shares (NYSE: ACP PRA) (&#8220;Series A Preferred Shares&#8221;). The distribution is payable on September 30, 2025, to holders of Series A Preferred Shares of record on September 22, 2025 (ex-dividend date September 22, 2025). The Series A Preferred Shares trade on the NYSE under the symbol &#8220;ACP PRA&#8220;, are rated &#8220;A2&#8221; by Moody&#8217;s Investors Service and have an annual dividend rate of $1.3125 per share.\u00a0 The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share and pay &hellip; Continue reading \"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/","og_site_name":"Market Newsdesk","article_published_time":"2025-09-10T21:30:33+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2698388\/Aberdeen_Investments_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND","datePublished":"2025-09-10T21:30:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/"},"wordCount":381,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2698388\/Aberdeen_Investments_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/abrdn-income-credit-strategies-fund-5-25-series-a-perpetual-preferred-shares-declare-quarterly-dividend-2\/","name":"ABRDN INCOME CREDIT STRATEGIES FUND 5.25% SERIES A PERPETUAL PREFERRED SHARES DECLARE QUARTERLY DIVIDEND - 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