DIVIDEND ANNOUNCEMENT: Abrdn Australia Equity Fund, Inc (AMEX:IAF) on 02/09/2023 declared a dividend of $0.1300 per share

Abrdn Australia Equity Fund, Inc (AMEX:IAF) on 02/09/2023 declared a dividend of $ 0.1300 per share payable on March 31, 2023 to shareholders of record as of February 21, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Abrdn Australia Equity Fund, Inc (AMEX:IAF) has paid dividends since 1990, has a current dividend yield of 10.1391639709% and has increased its dividends for 0 successive years.

Abrdn Australia Equity Fund, Inc's market cap is $ 84,971,790 and has a PE ratio of 23.95. The stock price closed yesterday at $ 5.03 and has a 52 week low/high of $ 3.74 and $ 6.35.

Abrdn 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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