Abrdn Japan Equity Fund Inc (NYSE:JEQ - Get Free Report) declared a quarterly dividend on Friday, May 10th, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be given a dividend of 0.12 per share on Friday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of 8.03%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is a positive change from Abrdn Japan Equity Fund's previous quarterly dividend of $0.11.
Abrdn Japan Equity Fund has decreased its dividend by an average of 1.9% per year over the last three years.
Abrdn Japan Equity Fund Trading Down 0.5 %
Shares of NYSE JEQ traded down $0.03 during trading hours on Friday, hitting $5.98. The company had a trading volume of 2,649 shares, compared to its average volume of 31,501. Abrdn Japan Equity Fund has a 1-year low of $4.99 and a 1-year high of $6.39. The firm's 50 day moving average is $6.08 and its 200-day moving average is $5.81.
About Abrdn Japan Equity Fund
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Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.
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