abrdn Asian Income Fund (LON:AAIF - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 221.60 ($2.76) and traded as high as GBX 225 ($2.80). abrdn Asian Income Fund shares last traded at GBX 224 ($2.79), with a volume of 237,479 shares trading hands.
abrdn Asian Income Fund Stock Down 0.1 %
The company has a current ratio of 0.26, a quick ratio of 0.11 and a debt-to-equity ratio of 8.19. The stock has a market cap of £349.03 million, a P/E ratio of 798.95 and a beta of 0.70. The stock's fifty day moving average price is GBX 221.60 and its 200 day moving average price is GBX 217.64.
abrdn Asian Income Fund Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd will be given a dividend of GBX 6.78 ($0.08) per share. This represents a yield of 2.99%. This is a positive change from abrdn Asian Income Fund's previous dividend of $2.55. The ex-dividend date is Thursday, January 23rd. abrdn Asian Income Fund's dividend payout ratio is presently 4,285.71%.
Insider Activity
In other abrdn Asian Income Fund news, insider Ian Cadby purchased 8,000 shares of the stock in a transaction on Friday, November 22nd. The stock was acquired at an average price of GBX 223 ($2.78) per share, with a total value of £17,840 ($22,211.16). 3.64% of the stock is currently owned by corporate insiders.
abrdn Asian Income Fund Company Profile
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Targeting the income and growth potential of Asia's most compelling and sustainable companies.
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