abrdn Asian Income Fund (LON:AAIF) Releases Earnings Results

abrdn Asian Income Fund (LON:AAIF) announced its quarterly earnings data on Wednesday. The company reported GBX 11.35 ($0.15) earnings per share (EPS) for the quarter, Digital Look Earnings reports. abrdn Asian Income Fund had a return on equity of 11.73% and a net margin of 85.32%.

abrdn Asian Income Fund Stock Down 1.4 %

Shares of AAIF stock traded down GBX 3 ($0.04) during trading hours on Friday, reaching GBX 212 ($2.74). 254,624 shares of the stock were exchanged, compared to its average volume of 274,634. The business’s fifty day moving average is GBX 220.53 and its two-hundred day moving average is GBX 219.53. The firm has a market capitalization of £316.39 million, a P/E ratio of 7.49 and a beta of 0.70. abrdn Asian Income Fund has a 12-month low of GBX 197 ($2.55) and a 12-month high of GBX 234.42 ($3.03). The company has a debt-to-equity ratio of 8.19, a current ratio of 0.26 and a quick ratio of 0.11.

abrdn Asian Income Fund Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 23rd were paid a GBX 6.78 ($0.09) dividend. This represents a dividend yield of 2.99%. The ex-dividend date was Thursday, January 23rd. This is a boost from abrdn Asian Income Fund’s previous dividend of $2.55. abrdn Asian Income Fund’s dividend payout ratio (DPR) is presently 42.42%.

abrdn Asian Income Fund Company Profile

Targeting the income and growth potential of Asia’s most compelling and sustainable companies.