ABERDEEN GRT CF (GCH) Raises Dividend to $0.07 Per Share
ABERDEEN GRT CF (NYSE:GCH) announced a special dividend on Friday, September 15th, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.073 per share by the investment management company on Friday, September 29th. The ex-dividend date is Thursday, September 21st. This is a positive change from ABERDEEN GRT CF’s previous special dividend of $0.05.
Shares of ABERDEEN GRT CF (GCH) traded up 0.17% during midday trading on Friday, reaching $12.13. The company’s stock had a trading volume of 706 shares. ABERDEEN GRT CF has a 12 month low of $8.26 and a 12 month high of $12.15. The stock has a 50-day moving average of $11.87 and a 200 day moving average of $11.03.
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About ABERDEEN GRT CF
Aberdeen Greater China Fund, Inc is a non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in listed equity securities of companies that are organized under the laws of, and have their principal place of business in, China and/or Hong Kong and/or Taiwan, and during their recent fiscal year derived at least 50% of their revenues or profits from goods produced or sold, investments made or services performed in China and/or Hong Kong and/or Taiwan or have at least 50% of their assets in China and/or Hong Kong and/or Taiwan.
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