null (NYSE:AEF) Increases Dividend to $0.05 Per Share

null (NYSE:AEF) announced a quarterly dividend on Wednesday, September 11th, Zacks reports. Stockholders of record on Monday, September 23rd will be given a dividend of 0.045 per share on Monday, September 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, September 20th. This is a positive change from null’s previous quarterly dividend of $0.04.

Shares of NYSE AEF opened at $7.19 on Friday. null has a 12-month low of $6.13 and a 12-month high of $7.63. The company has a 50-day moving average of $6.99 and a 200 day moving average of $7.22.

null Company Profile

Aberdeen Emerging Markets Equity Income Fund, Inc is a closed ended balanced mutual fund and managed by Aberdeen Asset Managers Limited. It invests in the public equity and fixed income markets of Chile. The fund seeks to invest in securities of companies operating across diversified sectors. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio.

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