Abrdn Japan Equity Fund Inc (NYSE:JEQ – Get Free Report) announced a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.11 per share on Monday, March 31st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date is Friday, February 21st.
Abrdn Japan Equity Fund has decreased its dividend by an average of 21.7% per year over the last three years.
Abrdn Japan Equity Fund Trading Down 0.5 %
Shares of JEQ traded down $0.03 during mid-day trading on Wednesday, reaching $5.86. The stock had a trading volume of 243,779 shares, compared to its average volume of 42,253. Abrdn Japan Equity Fund has a 52-week low of $5.27 and a 52-week high of $6.39. The business’s fifty day moving average is $5.80 and its 200 day moving average is $5.91.
About Abrdn Japan Equity Fund
Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.
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