Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF – Get Free Report) declared a quarterly dividend on Wednesday, March 12th, Wall Street Journal reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.15 per share on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a yield of 11.79%. The ex-dividend date is Tuesday, March 25th. This is a 50.0% increase from Abrdn Emerging Markets Equity Income Fund’s previous quarterly dividend of $0.10.
Abrdn Emerging Markets Equity Income Fund has decreased its dividend payment by an average of 9.9% annually over the last three years.
Abrdn Emerging Markets Equity Income Fund Trading Up 1.0 %
AEF stock opened at $5.09 on Thursday. Abrdn Emerging Markets Equity Income Fund has a 52-week low of $4.83 and a 52-week high of $5.84. The business has a 50-day simple moving average of $5.30 and a two-hundred day simple moving average of $5.37.
About Abrdn Emerging Markets Equity Income Fund
Abrdn Emerging Markets Equity Income Fund Inc is a closed ended balanced mutual fund and managed by Aberdeen Asset Managers Limited. It invests in the public equity and fixed income markets of Chile. The fund seeks to invest in securities of companies operating across diversified sectors. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio.
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