abrdn Equity Income Trust Plans Dividend of GBX 5.70 (LON:AEI)

abrdn Equity Income Trust (LON:AEI) announced a dividend on Tuesday, August 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 29th will be given a dividend of GBX 5.70 ($0.08) per share on Friday, September 27th. This represents a yield of 1.73%. The ex-dividend date of this dividend is Thursday, August 29th. The official announcement can be seen at this link.

abrdn Equity Income Trust Trading Down 0.8 %

AEI stock opened at GBX 325.44 ($4.29) on Tuesday. abrdn Equity Income Trust has a 52-week low of GBX 260 ($3.43) and a 52-week high of GBX 331.58 ($4.37). The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 14.25. The firm has a market cap of £155.50 million, a P/E ratio of -32,800.00 and a beta of 0.85. The company’s 50-day simple moving average is GBX 317.95 and its 200-day simple moving average is GBX 301.87.

About abrdn Equity Income Trust

abrdn Equity Income Trust plc is a closed-ended equity mutual fund launched and managed by Standard Life Investments (Corporate Funds) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies.