DIVIDEND ANNOUNCEMENT: Aberdeen Australia Equity Fund, Inc. (AMEX:IAF) on 05/11/2020 declared a dividend of $0.1200 per share

Aberdeen Australia Equity Fund, Inc. (AMEX:IAF) on 05/11/2020 declared a dividend of $ 0.1200 per share payable on June 30, 2020 to shareholders of record as of May 21, 2020. Dividend amount recorded is a decrease of $ 0.02 from last dividend Paid.

Aberdeen Australia Equity Fund, Inc. (AMEX:IAF) has paid dividends since 1990, has a current dividend yield of 13.2029342651% and has increased its dividends for 0 successive years.

Aberdeen Australia Equity Fund, Inc.'s market cap is $ 69,092,370 and has a PE ratio of 24.06. The stock price closed yesterday at $ 4.09 and has a 52 week low/high of $ 2.99 and $ 5.64.

Aberdeen Australia Equity Fund is a closed-end, non-diversified management investment company. The Fund's principal investment objective is long-term capital appreciation through investment primarily in equity securities of Australian companies listed on The Australian Stock Exchange. The Fund's secondary investment objective is current income. As of Oct 31 2016, the Fund's total investment portfolio was $$137,438,325 and its assets totaled $138,643,569.

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