Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF – Get Free Report) declared a quarterly dividend on Monday, May 11th. Investors of record on Thursday, May 21st will be paid a dividend of 0.36 per share on Saturday, May 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date is Thursday, May 21st.
Abrdn Australia Equity Fund Stock Performance
Shares of Abrdn Australia Equity Fund stock opened at $12.93 on Wednesday. The business has a 50 day moving average of $12.70 and a 200 day moving average of $13.11. Abrdn Australia Equity Fund has a 52 week low of $11.76 and a 52 week high of $14.54.
Abrdn Australia Equity Fund Company Profile
Abrdn Australia Equity Fund (NYSE American: IAF) is a closed-end investment company that seeks long-term capital growth through a diversified portfolio of Australian equities. Listed on the NYSE American exchange, the fund provides U.S. and international investors with direct exposure to the Australian stock market, encompassing companies across a range of sectors including financials, materials, healthcare and consumer staples.
The fund’s investment strategy is driven by a bottom-up, fundamental research process led by abrdn’s Australia-based equity team.
Featured Stories
- Five stocks we like better than Abrdn Australia Equity Fund
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
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.
