Aberdeen Asian Income Fund Ltd. (LON:AAIF) declared a dividend on Thursday, January 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 17th will be given a dividend of GBX 2.40 ($0.03) per share on Wednesday, February 20th. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, January 17th. This is a positive change from Aberdeen Asian Income Fund’s previous dividend of $2.25. The official announcement can be accessed at this link.
AAIF remained flat at $GBX 198 ($2.59) during trading on Thursday. The company’s stock had a trading volume of 70,175 shares, compared to its average volume of 219,317. Aberdeen Asian Income Fund has a twelve month low of GBX 201 ($2.63) and a twelve month high of GBX 313.50 ($4.10).
In other news, insider Nicky McCabe acquired 5,000 shares of the firm’s stock in a transaction on Monday, January 7th. The stock was acquired at an average price of GBX 195 ($2.55) per share, for a total transaction of £9,750 ($12,740.10).
Aberdeen Asian Income Fund Company Profile
Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Asset Management 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.
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