abrdn Asia Focus plc (LON:AAS) Raises Dividend to GBX 1.62 Per Share

abrdn Asia Focus plc (LON:AASGet Free Report) announced a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of GBX 1.62 ($0.02) per share on Friday, September 20th. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, August 22nd. This is an increase from abrdn Asia Focus’s previous dividend of $1.60. The official announcement can be viewed at this link.

abrdn Asia Focus Price Performance

Shares of abrdn Asia Focus stock traded up GBX 1 ($0.01) during trading on Wednesday, reaching GBX 273 ($3.49). The company’s stock had a trading volume of 364,463 shares, compared to its average volume of 141,150. The stock has a 50-day moving average price of GBX 278.12 and a two-hundred day moving average price of GBX 271.27. The company has a current ratio of 6.43, a quick ratio of 3.67 and a debt-to-equity ratio of 13.60. abrdn Asia Focus has a one year low of GBX 241 ($3.08) and a one year high of GBX 289 ($3.69). The stock has a market capitalization of £421.62 million, a P/E ratio of 1,288.86 and a beta of 0.64.

Insider Activity at abrdn Asia Focus

In other abrdn Asia Focus news, insider Lucy Macdonald purchased 12,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average cost of GBX 260 ($3.32) per share, with a total value of £31,200 ($39,836.57). 3.34% of the stock is currently owned by company insiders.

abrdn Asia Focus Company Profile

(Get Free Report)

Aberdeen Standard Asia Focus PLC operates as an investment trust that invests in a portfolio of smaller companies in Japan, Asia, and Australasia. The trust invests in companies operating in various sectors, including auto components; beverages; chemicals; commercial banks; containers and packaging; diversified financial services; food and staples retailing; hotels, restaurants, and leisure; industrial conglomerates; multiline retail; paper and forest products; real estate; and transportation infrastructure.

See Also

Dividend History for abrdn Asia Focus (LON:AAS)

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