Abrdn Japan Equity Fund Inc (NYSE:JEQ – Get Free Report) declared a quarterly dividend on Wednesday, February 12th,Wall Street Journal reports. Shareholders 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 payment by an average of 21.7% annually over the last three years.
Abrdn Japan Equity Fund Price Performance
Shares of NYSE:JEQ traded down $0.03 during trading on Wednesday, reaching $5.86. 243,779 shares of the company’s stock traded hands, compared to its average volume of 42,253. Abrdn Japan Equity Fund has a fifty-two week low of $5.27 and a fifty-two week high of $6.39. The company has a 50-day simple moving average of $5.80 and a 200-day simple moving average of $5.91.
Abrdn Japan Equity Fund Company Profile
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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