Shares of abrdn Asian Income Fund (LON:AAIF - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 216.44 ($2.81) and traded as high as GBX 219 ($2.84). abrdn Asian Income Fund shares last traded at GBX 216 ($2.80), with a volume of 306,191 shares trading hands.
abrdn Asian Income Fund Stock Down 2.3 %
The firm has a market capitalization of £329.23 million, a price-to-earnings ratio of 753.64 and a beta of 0.70. The business's 50-day moving average is GBX 216.38 and its two-hundred day moving average is GBX 213.88. The company has a debt-to-equity ratio of 8.19, a quick ratio of 0.11 and a current ratio of 0.26.
abrdn Asian Income Fund Announces Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 24th will be paid a dividend of GBX 2.55 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 1.16%. abrdn Asian Income Fund's payout ratio is 4,285.71%.
abrdn Asian Income Fund Company Profile
(
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Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Standard Investments (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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