Aberdeen Asian Income Fund Limited (LON:AAIF) announced a dividend on Tuesday, October 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 21st will be paid a dividend of GBX 2.25 ($0.03) per share on Thursday, November 18th. This represents a dividend yield of 1%. The ex-dividend date of this dividend is Thursday, October 21st. The official announcement can be accessed at this link.
Shares of LON:AAIF opened at GBX 223.75 ($2.92) on Wednesday. Aberdeen Asian Income Fund has a fifty-two week low of GBX 189 ($2.47) and a fifty-two week high of GBX 243 ($3.17). The business has a 50-day moving average of GBX 226.96 and a two-hundred day moving average of GBX 227.73. The stock has a market capitalization of £392.06 million and a P/E ratio of 3.78. The company has a debt-to-equity ratio of 7.83, a current ratio of 0.30 and a quick ratio of 0.21.
In other news, insider Mark Florance purchased 4,600 shares of the stock in a transaction that occurred on Wednesday, October 6th. The shares were purchased at an average cost of GBX 220 ($2.87) per share, for a total transaction of £10,120 ($13,221.84).
Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Asset Management Asia Limited. The fund invests in the public equity and fixed income markets of the Asia Pacific Region. It seeks to invest in the stocks of companies operating across diversified sectors.
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