Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF – Get Free Report) announced a quarterly dividend on Thursday, November 9th, NASDAQ reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.11 per share on Wednesday, January 10th. This represents a $0.44 annualized dividend and a yield of 10.92%. The ex-dividend date of this dividend is Tuesday, November 21st.
Abrdn Australia Equity Fund has decreased its dividend payment by an average of 1.2% per year over the last three years.
Abrdn Australia Equity Fund Trading Up 2.0 %
Shares of NYSEAMERICAN:IAF opened at $4.03 on Monday. Abrdn Australia Equity Fund has a 52-week low of $3.60 and a 52-week high of $5.24.
Institutional Trading of Abrdn Australia Equity Fund
About Abrdn Australia Equity Fund
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors.
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