Abrdn Emerging Markets Equity Income Fund Inc (AEF) To Go Ex-Dividend on June 23rd

Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF) declared a quarterly dividend on Tuesday, June 9th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.23 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.2%. 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 Price Performance

NYSE:AEF opened at $9.96 on Friday. The stock has a 50-day simple moving average of $9.31 and a two-hundred day simple moving average of $8.18. Abrdn Emerging Markets Equity Income Fund has a 52-week low of $5.51 and a 52-week high of $10.14.

About Abrdn Emerging Markets Equity Income Fund

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.