Abrdn Japan Equity Fund Inc (NYSE:JEQ) to Issue $0.11 Quarterly Dividend

Abrdn Japan Equity Fund Inc (NYSE:JEQGet Free Report) announced a quarterly dividend on Wednesday, February 12th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.11 per share on Monday, March 31st. This represents a $0.44 annualized dividend and a yield of 7.51%. The ex-dividend date of this dividend is Friday, February 21st.

Abrdn Japan Equity Fund has decreased its dividend payment by an average of 21.7% per year over the last three years.

Abrdn Japan Equity Fund Stock Performance

Shares of NYSE JEQ traded down $0.03 during trading on Wednesday, reaching $5.86. 243,779 shares of the company traded hands, compared to its average volume of 42,253. The firm’s fifty day simple moving average is $5.80 and its 200 day simple moving average is $5.91. Abrdn Japan Equity Fund has a 12-month low of $5.27 and a 12-month high of $6.39.

Abrdn Japan Equity Fund Company Profile

(Get Free Report)

Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.

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Dividend History for Abrdn Japan Equity Fund (NYSE:JEQ)

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