Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) Announces Dividend Increase – $0.18 Per Share

Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) declared a quarterly dividend on Tuesday, December 9th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.18 per share on Monday, January 12th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 5.9% increase from Abrdn Emerging Markets Equity Income Fund’s previous quarterly dividend of $0.17.

Abrdn Emerging Markets Equity Income Fund Stock Performance

Shares of Abrdn Emerging Markets Equity Income Fund stock opened at $7.02 on Wednesday. The firm has a fifty day simple moving average of $6.71 and a 200-day simple moving average of $6.25. Abrdn Emerging Markets Equity Income Fund has a 1-year low of $4.43 and a 1-year high of $7.29.

Abrdn Emerging Markets Equity Income Fund Company Profile

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.