Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF – Get Free Report) announced a quarterly dividend on Wednesday, September 11th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.10 per share on Monday, September 30th. This represents a $0.40 annualized dividend and a yield of 7.33%. The ex-dividend date is Monday, September 23rd.
Abrdn Emerging Markets Equity Income Fund has increased its dividend by an average of 26.1% annually over the last three years.
Abrdn Emerging Markets Equity Income Fund Price Performance
NYSE:AEF opened at $5.45 on Friday. The stock has a 50-day simple moving average of $5.28 and a two-hundred day simple moving average of $5.21. Abrdn Emerging Markets Equity Income Fund has a 52-week low of $4.40 and a 52-week high of $5.53.
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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