Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF – Get Free Report) announced a quarterly dividend on Tuesday, June 9th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.23 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 10.1%. The ex-dividend date is Tuesday, June 23rd. This is a 9.5% increase from Abrdn Emerging Markets Equity Income Fund’s previous quarterly dividend of $0.21.
Abrdn Emerging Markets Equity Income Fund Price Performance
Shares of AEF stock opened at $9.10 on Wednesday. The stock has a 50-day moving average of $8.94 and a 200-day moving average of $8.01. Abrdn Emerging Markets Equity Income Fund has a 1-year low of $5.51 and a 1-year high of $10.14.
About Abrdn Emerging Markets Equity Income Fund
Abrdn Emerging Markets Equity Income Fund (NYSE:AEF) is a closed‐end investment company that seeks to provide investors with a combination of current income and long-term capital appreciation by investing primarily in dividend-paying equities of companies located in emerging market countries. The fund offers investors access to a diversified portfolio of stocks across Asia, Latin America, Eastern Europe, the Middle East and Africa, targeting firms with strong cash flow characteristics and sustainable payout policies.
The investment process combines bottom-up fundamental research with a disciplined focus on income generation.
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