abrdn Diversified Income & Growth (LON:ADIG) Trading Up 1.2% - What's Next?

abrdn Diversified Income & Growth (LON:ADIG - Get Free Report)'s share price traded up 1.2% on Monday . The stock traded as high as GBX 43.50 ($0.56) and last traded at GBX 43.50 ($0.56). 601,634 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 670,924 shares. The stock had previously closed at GBX 43 ($0.55).

abrdn Diversified Income & Growth Price Performance

The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.70 and a current ratio of 3.12. The stock's 50-day moving average is GBX 42.82 and its two-hundred day moving average is GBX 52.66. The stock has a market cap of £129.55 million, a PE ratio of -2,150.00 and a beta of 0.31.

abrdn Diversified Income & Growth Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, September 26th were paid a GBX 1.95 ($0.02) dividend. This represents a dividend yield of 4.33%. The ex-dividend date of this dividend was Thursday, September 26th. abrdn Diversified Income & Growth's payout ratio is currently -30,000.00%.

abrdn Diversified Income & Growth Company Profile

Abrdn Diversified Income And Growth Plc is a closed ended balanced mutual fund launched by BlackRock Fund Managers Limited. The fund is co-managed by BlackRock Investment Management (UK) Limited and Aberdeen Fund Managers Limited. It invests in public equity and fixed income markets across the globe.