NYSEAMERICAN:IAF

Abrdn Australia Equity Fund (IAF) Stock Price, News & Analysis

$4.26
-0.03 (-0.70%)
(As of 04/25/2024 ET)
Today's Range
$4.24
$4.27
50-Day Range
N/A
52-Week Range
$3.60
$4.55
Volume
18,606 shs
Average Volume
89,766 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
15.02%
Price Target
N/A
IAF stock logo

About Abrdn Australia Equity Fund Stock (NYSEAMERICAN:IAF)

Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.

IAF Stock Price History

IAF Stock News Headlines

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abrdn Australia Equity Fund Inc.
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Company Calendar

Ex-Dividend for 3/28 Dividend
2/21/2024
Dividend Payable
3/28/2024
Today
4/25/2024
Next Earnings (Estimated)
5/16/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:IAF
Fax
N/A
Employees
38,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Martin James Gilbert C.A. (Age 69)
    L.L.B., LLD, M.A., MA LLB LLD CA, CEO, VP, Interested Director, Chairman of Aberdeen Global Income Fund Inc
  • Ms. Natalie Tam
    Portfolio Manager
  • Mr. Augustine Mark Daniels Bsc Econ (Age 69)
    Portfolio Manager
  • Ms. Alison Briggs (Age 51)
    VP, VP - Aberdeen Global Income Fund Inc and VP - Aberdeen Asia-Pacific Income Fund
  • Ms. Michelle Lopez CFA
    Portfolio Manager

IAF Stock Analysis - Frequently Asked Questions

How have IAF shares performed in 2024?

Abrdn Australia Equity Fund's stock was trading at $4.0797 on January 1st, 2024. Since then, IAF shares have increased by 4.4% and is now trading at $4.26.
View the best growth stocks for 2024 here
.

Are investors shorting Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 77,600 shares, an increase of 175.2% from the March 31st total of 28,200 shares. Based on an average daily volume of 95,200 shares, the days-to-cover ratio is currently 0.8 days.
View Abrdn Australia Equity Fund's Short Interest
.

When is Abrdn Australia Equity Fund's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our IAF earnings forecast
.

How often does Abrdn Australia Equity Fund pay dividends? What is the dividend yield for Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund announced a quarterly dividend on Friday, February 9th. Investors of record on Thursday, February 22nd will be paid a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.27%. The ex-dividend date of this dividend is Wednesday, February 21st. This is a positive change from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for IAF
.

Is Abrdn Australia Equity Fund a good dividend stock?

Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.12%.
Read our dividend analysis for IAF.

What other stocks do shareholders of Abrdn Australia Equity Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Australia Equity Fund investors own include AbbVie (ABBV), General Motors (GM), Main Street Capital (MAIN), Pfizer (PFE), AT&T (T), Walgreens Boots Alliance (WBA), Apple Hospitality REIT (APLE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

Who are Abrdn Australia Equity Fund's major shareholders?

Abrdn Australia Equity Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Radhika Ajmera and Stephen Bird.
View institutional ownership trends
.

How do I buy shares of Abrdn Australia Equity Fund?

Shares of IAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:IAF) was last updated on 4/26/2024 by MarketBeat.com Staff

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