abrdn Asian Income Fund (LON:AAIF) Raises Dividend to GBX 6.78 Per Share

abrdn Asian Income Fund (LON:AAIF) announced a dividend on Thursday, January 16th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 23rd will be given a dividend of GBX 6.78 ($0.08) per share on Friday, February 21st. This represents a yield of 2.99%. The ex-dividend date of this dividend is Thursday, January 23rd. This is a positive change from abrdn Asian Income Fund’s previous dividend of $2.55. The official announcement can be accessed at this link.

abrdn Asian Income Fund Trading Down 0.3 %

Shares of LON AAIF opened at GBX 226.39 ($2.77) on Friday. The stock has a fifty day simple moving average of GBX 220.45 and a 200-day simple moving average of GBX 217.05. abrdn Asian Income Fund has a twelve month low of GBX 193 ($2.36) and a twelve month high of GBX 229 ($2.80). The company has a current ratio of 0.26, a quick ratio of 0.11 and a debt-to-equity ratio of 8.19. The stock has a market capitalization of £353.22 million, a PE ratio of 808.54 and a beta of 0.70.

Insider Transactions at abrdn Asian Income Fund

In other abrdn Asian Income Fund news, insider Ian Cadby acquired 8,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was acquired at an average cost of GBX 223 ($2.73) per share, with a total value of £17,840 ($21,827.97). Corporate insiders own 3.64% of the company’s stock.

abrdn Asian Income Fund Company Profile

Targeting the income and growth potential of Asia’s most compelling and sustainable companies.