DIVIDEND ANNOUNCEMENT: Abrdn Australia Equity Fund, Inc (AMEX:IAF) on 05/09/2024 declared a dividend of $0.1200 per share

Abrdn Australia Equity Fund, Inc (AMEX:IAF) on 05/09/2024 declared a dividend of $ 0.1200 per share payable on June 28, 2024 to shareholders of record as of May 23, 2024.

Abrdn Australia Equity Fund, Inc (AMEX:IAF) has paid dividends since 1990, has a current dividend yield of 11.0344829559% and has increased its dividends for 1 successive years.

Abrdn Australia Equity Fund, Inc's market cap is $ 73,484,550 and has a PE ratio of 0.00. The stock price closed yesterday at $ 4.35 and has a 52 week low/high of $ 3.60 and $ 4.55.

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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