Abrdn Japan Equity Fund Inc (NYSE:JEQ – Get Free Report) announced a quarterly dividend on Friday, August 9th, Wall Street Journal reports. Stockholders of record on Friday, August 23rd will be paid a dividend of 0.12 per share on Monday, September 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date is Friday, August 23rd.
Abrdn Japan Equity Fund has decreased its dividend payment by an average of 1.9% annually over the last three years.
Abrdn Japan Equity Fund Stock Performance
JEQ stock traded up $0.05 during midday trading on Wednesday, reaching $6.11. The company had a trading volume of 606 shares, compared to its average volume of 42,996. Abrdn Japan Equity Fund has a fifty-two week low of $4.99 and a fifty-two week high of $6.39. The stock has a 50 day moving average price of $5.89 and a 200 day moving average price of $5.99.
Abrdn Japan Equity Fund Company Profile
Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.
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