abrdn Asian Income Fund (LON:AAIF) Announces GBX 2.55 Dividend

abrdn Asian Income Fund (LON:AAIF) announced a dividend on Tuesday, April 16th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of GBX 2.55 ($0.03) per share on Friday, May 24th. This represents a yield of 1.23%. The ex-dividend date is Thursday, April 25th. The official announcement can be viewed at this link.

abrdn Asian Income Fund Stock Performance

abrdn Asian Income Fund stock traded down GBX 4.50 ($0.06) during mid-day trading on Tuesday, reaching GBX 208 ($2.59). 349,671 shares of the company’s stock were exchanged, compared to its average volume of 231,549. The business’s fifty day simple moving average is GBX 203.73 and its 200 day simple moving average is GBX 199.07. The firm has a market capitalization of £349.27 million, a PE ratio of -21,250.00 and a beta of 0.69. abrdn Asian Income Fund has a one year low of GBX 183.11 ($2.28) and a one year high of GBX 218.25 ($2.72). The company has a quick ratio of 0.11, a current ratio of 0.18 and a debt-to-equity ratio of 10.37.

About abrdn Asian Income Fund

Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity and fixed income markets of the Asia Pacific Region. It seeks to invest in the stocks of companies operating across diversified sectors.