Aberdeen Asian Income Fund Limited (LON:AAIF) declared a dividend on Tuesday, October 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 21st will be given a dividend of GBX 2.25 ($0.03) per share on Thursday, November 18th. This represents a yield of 1%. The ex-dividend date is Thursday, October 21st. The official announcement can be accessed at this link.
LON AAIF opened at GBX 224.65 ($2.94) on Thursday. The stock has a market capitalization of £393.64 million and a price-to-earnings ratio of 3.78. Aberdeen Asian Income Fund has a one year low of GBX 189 ($2.47) and a one year high of GBX 243 ($3.17). The company has a debt-to-equity ratio of 7.83, a current ratio of 0.30 and a quick ratio of 0.21. The business’s fifty day moving average is GBX 226.86 and its 200-day moving average is GBX 227.71.
In other news, insider Mark Florance acquired 4,600 shares of the stock in a transaction that occurred on Wednesday, October 6th. The shares were acquired at an average cost of GBX 220 ($2.87) per share, for a total transaction of £10,120 ($13,221.84).
Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Asset Management 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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