Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) Declares Quarterly Dividend of $0.23

Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) declared a quarterly dividend on Tuesday, June 9th. Shareholders of record on Tuesday, June 23rd will be paid a dividend of 0.23 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date is Tuesday, June 23rd. This is a 9.5% increase from Abrdn Emerging Markets Equity Income Fund’s previous quarterly dividend of $0.21.

Abrdn Emerging Markets Equity Income Fund Stock Up 0.6%

Shares of NYSE:AEF opened at $9.10 on Wednesday. The firm’s 50 day simple moving average is $8.94 and its 200-day simple moving average is $8.01. Abrdn Emerging Markets Equity Income Fund has a one year low of $5.51 and a one year high of $10.14.

Abrdn Emerging Markets Equity Income Fund Company Profile

Abrdn Emerging Markets Equity Income Fund (NYSE:AEF) is a closed‐end investment company that seeks to provide investors with a combination of current income and long-term capital appreciation by investing primarily in dividend-paying equities of companies located in emerging market countries. The fund offers investors access to a diversified portfolio of stocks across Asia, Latin America, Eastern Europe, the Middle East and Africa, targeting firms with strong cash flow characteristics and sustainable payout policies.

The investment process combines bottom-up fundamental research with a disciplined focus on income generation.