abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Plans $0.17 Quarterly Dividend

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) announced a quarterly dividend on Thursday, December 18th, NASDAQ Dividends reports. Shareholders of record on Friday, December 19th will be given a dividend of 0.1707 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, December 19th.

abrdn Emerging Markets Dividend Active ETF Price Performance

Shares of NASDAQ:AGEM traded up $0.07 on Friday, hitting $37.90. 5,446 shares of the company’s stock were exchanged, compared to its average volume of 11,804. The stock has a market capitalization of $208.83 million, a price-to-earnings ratio of 13.90 and a beta of 1.43. abrdn Emerging Markets Dividend Active ETF has a 12 month low of $24.21 and a 12 month high of $39.01. The business’s 50 day simple moving average is $37.77 and its two-hundred day simple moving average is $35.67.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

A hedge fund recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Parallel Advisors LLC bought a new position in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,233 shares of the company’s stock, valued at approximately $173,000. Parallel Advisors LLC owned approximately 0.22% of abrdn Emerging Markets Dividend Active ETF at the end of the most recent reporting period.

About abrdn Emerging Markets Dividend Active ETF

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.