abrdn Asian Income Fund (LON:AAIF) Declares Dividend Increase – GBX 6.78 Per Share

abrdn Asian Income Fund (LON:AAIF) declared a dividend on Thursday, January 16th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 23rd will be paid 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 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 Stock Performance

Shares of AAIF opened at GBX 226 ($2.75) on Friday. abrdn Asian Income Fund has a 52 week low of GBX 193 ($2.35) and a 52 week high of GBX 229 ($2.79). The company has a quick ratio of 0.11, a current ratio of 0.26 and a debt-to-equity ratio of 8.19. The stock has a market cap of £352.61 million, a price-to-earnings ratio of 807.14 and a beta of 0.70. The business has a 50-day simple moving average of GBX 220.59 and a two-hundred day simple moving average of GBX 217.12.

Insider Buying and Selling at abrdn Asian Income Fund

In other abrdn Asian Income Fund news, insider Ian Cadby acquired 8,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was purchased at an average price of GBX 223 ($2.71) per share, with a total value of £17,840 ($21,705.80). 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.