Abrdn Japan Equity Fund Inc (NYSE:JEQ – Get Free Report) declared a quarterly dividend on Wednesday, November 13th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.12 per share on Friday, January 10th. This represents a $0.48 dividend on an annualized basis and a yield of 8.25%. The ex-dividend date of this dividend is Thursday, November 21st.
Abrdn Japan Equity Fund has decreased its dividend payment by an average of 1.9% annually over the last three years.
Abrdn Japan Equity Fund Stock Performance
Shares of JEQ stock opened at $5.82 on Tuesday. The business has a 50-day moving average of $6.02 and a 200 day moving average of $5.97. Abrdn Japan Equity Fund has a 1-year low of $5.27 and a 1-year high of $6.39.
About Abrdn Japan Equity Fund
Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.
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