abrdn Diversified Income & Growth (LON:ADIG) Shares Down 0.9% – What’s Next?

abrdn Diversified Income & Growth (LON:ADIG) shares were down 0.9% during mid-day trading on Monday . The company traded as low as GBX 42.60 ($0.56) and last traded at GBX 42.60 ($0.56). Approximately 744,624 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 678,999 shares. The stock had previously closed at GBX 43 ($0.56).

abrdn Diversified Income & Growth Trading Down 0.5 %

The stock has a market cap of £129.55 million, a PE ratio of -2,150.00 and a beta of 0.31. The company’s 50-day moving average price is GBX 44.04 and its 200 day moving average price is GBX 61.91. The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.70 and a current ratio of 3.12.

abrdn Diversified Income & Growth Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 1.95 ($0.03) per share. This represents a yield of 4.33%. The ex-dividend date is Thursday, September 26th. abrdn Diversified Income & Growth’s dividend payout ratio (DPR) is presently -30,000.00%.

About abrdn Diversified Income & Growth

Abrdn Diversified Income And Growth Plc is a closed ended balanced mutual fund launched by BlackRock Fund Managers Limited. The fund is co-managed by BlackRock Investment Management (UK) Limited and Aberdeen Fund Managers Limited. It invests in public equity and fixed income markets across the globe.