Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) Plans -- Dividend of $0.17

Key Points

• Abrdn Emerging Markets Equity Income Fund Inc has declared a dividend of $0.17 per share, with an impressive yield of 780.0%.
• The dividend is set to be distributed on September 30th to stockholders of record by September 23rd, the same date as the ex-dividend date.
• As of mid-day trading on the announcement date, AEF shares increased by $0.08, reaching a price of $6.42 per share.

Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF - Get Free Report) declared a -- dividend on Thursday, September 11th, Wall Street Journal reports. Stockholders of record on Tuesday, September 23rd will be given a dividend of 0.17 per share on Tuesday, September 30th. This represents a dividend yield of 780.0%. The ex-dividend date is Tuesday, September 23rd.

Abrdn Emerging Markets Equity Income Fund Price Performance

Shares of AEF stock traded up $0.08 during mid-day trading on Thursday, hitting $6.42. The company had a trading volume of 87,777 shares, compared to its average volume of 188,410. The stock's 50 day moving average price is $6.08 and its 200-day moving average price is $5.55. Abrdn Emerging Markets Equity Income Fund has a 52-week low of $4.43 and a 52-week high of $6.47.

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.

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