abrdn Diversified Income & Growth (LON:ADIG) Trading 0.5% Higher - Time to Buy?

Shares of abrdn Diversified Income & Growth (LON:ADIG - Get Free Report) rose 0.5% on Monday . The company traded as high as GBX 43.61 ($0.57) and last traded at GBX 42.20 ($0.55). Approximately 422,393 shares were traded during trading, a decline of 36% from the average daily volume of 659,072 shares. The stock had previously closed at GBX 42 ($0.54).

abrdn Diversified Income & Growth Stock Performance

The company has a fifty day moving average of GBX 43.76 and a two-hundred day moving average of GBX 59.07. The stock has a market capitalization of £127.14 million, a P/E ratio of -2,110.00 and a beta of 0.31. The company has a debt-to-equity ratio of 5.75, a current ratio of 3.12 and a quick ratio of 1.70.

abrdn Diversified Income & Growth Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, September 26th were paid a dividend of GBX 1.95 ($0.03) per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a yield of 4.33%. abrdn Diversified Income & Growth's dividend payout ratio (DPR) is -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.

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