DIVIDEND ANNOUNCEMENT: Abrdn Australia Equity Fund, Inc (AMEX:IAF) on 05/09/2023 declared a dividend of $0.1300 per share

Abrdn Australia Equity Fund, Inc (AMEX:IAF) on 05/09/2023 declared a dividend of $ 0.1300 per share payable on June 30, 2023 to shareholders of record as of May 19, 2023.

Abrdn Australia Equity Fund, Inc (AMEX:IAF) has paid dividends since 1990, has a current dividend yield of 11.4349775314% and has increased its dividends for 0 successive years.

Abrdn Australia Equity Fund, Inc's market cap is $ 75,342,780 and has a PE ratio of 21.24. The stock price closed yesterday at $ 4.46 and has a 52 week low/high of $ 3.74 and $ 5.79.

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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