Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF – Get Free Report) declared a quarterly dividend on Tuesday, November 10th. Investors of record on Friday, November 20th will be paid a dividend of $0.36 per share on Tuesday, January 12th. This represents a $1.44 annualized dividend and a yield of 11.6%. The ex-dividend date of this dividend is Friday, November 20th.
Abrdn Australia Equity Fund Stock Performance
NYSEAMERICAN IAF traded up $0.12 during trading hours on Wednesday, reaching $12.46. The company’s stock had a trading volume of 11,428 shares, compared to its average volume of 27,744. Abrdn Australia Equity Fund has a 1-year low of $11.76 and a 1-year high of $14.54. The company’s 50-day moving average is $12.66 and its two-hundred day moving average is $12.88.
About Abrdn Australia Equity Fund
abrdn Australia Equity Fund, Inc. is a closed-end investment company listed on the NYSE American under the symbol IAF. The fund seeks long-term capital appreciation by investing primarily in equity securities issued by companies based in, or deriving a substantial portion of their business from, Australia. The portfolio provides investors with access to a range of Australian industries and businesses through a professionally managed collection of publicly traded securities. Its investments may include companies across sectors such as financial services, materials, energy, healthcare, consumer goods and industrials, although portfolio composition changes over time.
Further Reading
- Five stocks we like better than Abrdn Australia Equity Fund
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Abrdn Australia Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abrdn Australia Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.
