NYSEAMERICAN:IAF - Aberdeen Australia Equity Fund Stock Price, Price Target & More

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$6.12 +0.05 (+0.82 %)
(As of 05/22/2018 08:00 AM ET)
Previous Close$6.07
Today's Range$6.10 - $6.14
52-Week Range$5.85 - $6.77
Volume28,000 shs
Average Volume50,856 shs
Market Capitalization$150.12 million
P/E RatioN/A
Dividend Yield9.82%
Beta0.88

About Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF)

Aberdeen Australia Equity Fund, Inc. is a non-diversified, closed-end management investment company. The Fund's principal investment objective is long-term capital appreciation through investment primarily in equity securities of Australian companies listed on the Australian Stock Exchange Limited. Its secondary objective is current income, which is expected to be derived primarily from dividends and interest on Australian corporate and governmental securities. It invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities, consisting of common stock, preferred stock and convertible stock, of companies tied economically to Australia. It invests in various sectors, such as financials, materials, healthcare, utilities, energy, telecommunication services and consumer staples. Aberdeen Asset Management Limited is the investment advisor of the Fund. Aberdeen Asset Management Asia Limited is the Fund's investment manager.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSEAMERICAN:IAF
CUSIPN/A
Phone+1-215-4055700

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares22,810,000

Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF) Frequently Asked Questions

What is Aberdeen Australia Equity Fund's stock symbol?

Aberdeen Australia Equity Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "IAF."

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

Aberdeen Australia Equity Fund declared a quarterly dividend on Monday, March 12th. Investors of record on Monday, March 19th will be paid a dividend of $0.16 per share on Monday, March 26th. This represents a $0.64 annualized dividend and a yield of 10.46%. The ex-dividend date is Friday, March 16th. View Aberdeen Australia Equity Fund's Dividend History.

Are investors shorting Aberdeen Australia Equity Fund?

Aberdeen Australia Equity Fund saw a decline in short interest in April. As of April 13th, there was short interest totalling 22,825 shares, a decline of 66.1% from the March 30th total of 67,408 shares. Based on an average daily trading volume, of 47,158 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Who are Aberdeen Australia Equity Fund's key executives?

Aberdeen Australia Equity Fund's management team includes the folowing people:
  • Neville John Miles, Independent Chairman of the Board (Age 71)
  • Christian A. J. Pittard, President (Age 45)
  • Jeffrey Cotton, Chief Compliance Officer; Vice President, Compliance (Age 41)
  • Megan Kennedy, Vice President, Secretary (Age 44)
  • Mark Daniels, Vice President (Age 62)
  • Martin James Gilbert M.D., Vice President (Age 62)
  • Alan R. Goodson, Vice President (Age 43)
  • Bever Hendry, Vice President (Age 64)
  • Jennifer A. Nichols, Vice President (Age 40)
  • Sofia A. Rosala, Vice President and Deputy Chief Compliance Officer (Age 44)

Has Aberdeen Australia Equity Fund been receiving favorable news coverage?

News articles about IAF stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aberdeen Australia Equity Fund earned a coverage optimism score of 0.07 on Accern's scale. They also assigned headlines about the company an impact score of 47.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Aberdeen Australia Equity Fund's major shareholders?

Aberdeen Australia Equity Fund's stock is owned by many different of retail and institutional investors. Top institutional investors include 1607 Capital Partners LLC (4.36%), Guggenheim Capital LLC (1.51%) and Wells Fargo & Company MN (0.89%). View Institutional Ownership Trends for Aberdeen Australia Equity Fund.

Which institutional investors are selling Aberdeen Australia Equity Fund stock?

IAF stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN and 1607 Capital Partners LLC. View Insider Buying and Selling for Aberdeen Australia Equity Fund.

Which institutional investors are buying Aberdeen Australia Equity Fund stock?

IAF stock was purchased by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC. View Insider Buying and Selling for Aberdeen Australia Equity Fund.

How do I buy shares of Aberdeen Australia Equity Fund?

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

What is Aberdeen Australia Equity Fund's stock price today?

One share of IAF stock can currently be purchased for approximately $6.12.

How big of a company is Aberdeen Australia Equity Fund?

Aberdeen Australia Equity Fund has a market capitalization of $150.12 million.

How can I contact Aberdeen Australia Equity Fund?

Aberdeen Australia Equity Fund's mailing address is 1735 Market St Fl 32, PHILADELPHIA, PA 19103-7503, United States. The company can be reached via phone at +1-215-4055700.


MarketBeat Community Rating for Aberdeen Australia Equity Fund (IAF)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  12 (Vote Outperform)
Underperform Votes:  8 (Vote Underperform)
Total Votes:  20
MarketBeat's community ratings are surveys of what our community members think about Aberdeen Australia Equity Fund and other stocks. Vote "Outperform" if you believe IAF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IAF will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF) Analyst Ratings History

DateBrokerageActionRatingPrice TargetDetails
(Data available from 5/22/2016 forward)

Earnings

Dividends

Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/12/2018quarterly$0.169.79%3/16/20183/19/20183/26/2018
(Data available from 1/1/2013 forward)

Insider Trades

Aberdeen Australia Equity Fund (NYSEAMERICAN IAF) Insider Trading and Institutional Ownership History

Insider Trading History for Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF)
Insider Trading History for Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF)

Aberdeen Australia Equity Fund (NYSEAMERICAN IAF) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Aberdeen Australia Equity Fund (NYSEAMERICAN IAF) News Headlines

Source:

SEC Filings

Aberdeen Australia Equity Fund (NYSEAMERICAN:IAF) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Aberdeen Australia Equity Fund (NYSEAMERICAN IAF) Stock Chart for Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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