Abrdn Japan Equity Fund Inc (NYSE:JEQ) to Issue Quarterly Dividend of $0.11

Abrdn Japan Equity Fund Inc (NYSE:JEQGet Free Report) declared a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.11 per share on Monday, March 31st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date is Friday, February 21st.

Abrdn Japan Equity Fund has decreased its dividend by an average of 21.7% annually over the last three years.

Abrdn Japan Equity Fund Trading Down 0.5 %

Shares of NYSE:JEQ traded down $0.03 during midday trading on Wednesday, reaching $5.86. 243,779 shares of the company’s stock traded hands, compared to its average volume of 42,253. Abrdn Japan Equity Fund has a 1 year low of $5.27 and a 1 year high of $6.39. The company has a fifty day simple moving average of $5.80 and a two-hundred day simple moving average of $5.91.

About Abrdn Japan Equity Fund

(Get Free Report)

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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Dividend History for Abrdn Japan Equity Fund (NYSE:JEQ)

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