Aberdeen Asian Income Fund Ltd. (AAIF) to Issue GBX 2.25 Dividend
Aberdeen Asian Income Fund Ltd. (LON:AAIF) announced a dividend on Tuesday, July 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 20th will be paid a dividend of GBX 2.25 ($0.03) per share on Friday, August 18th. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, July 20th. The official announcement can be accessed at this link.
Shares of Aberdeen Asian Income Fund (LON:AAIF) traded up 0.71% during trading on Tuesday, hitting GBX 213.50. 54,689 shares of the company’s stock were exchanged. Aberdeen Asian Income Fund has a one year low of GBX 178.50 and a one year high of GBX 217.75. The firm has a 50-day moving average price of GBX 2.26 and a 200-day moving average price of GBX 2.20.
In other Aberdeen Asian Income Fund news, insider Peter Arthur purchased 461 shares of the business’s stock in a transaction on Thursday, June 22nd. The stock was acquired at an average cost of GBX 217 ($2.81) per share, for a total transaction of £1,000.37 ($1,295.82). In the last three months, insiders purchased 1,697 shares of company stock worth $358,715.
Aberdeen Asian Income Fund Company Profile
Aberdeen Asian Income Fund Limited is a closed-end investment company. The investment objective of the Company is to provide investors with a total return primarily through investing in Asian Pacific securities, including those with an above average yield. The Company invests in the Asia Pacific region through investment in companies listed on stock exchanges in the Asia Pacific region; Asia Pacific securities, such as global depositary receipts (GDRs), listed on other international stock exchanges; companies listed on other international exchanges that derive significant revenues or profits from the Asia Pacific region, and debt issued by governments or companies in the Asia Pacific region or denominated in Asian Pacific currencies.
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