abrdn UK Smaller Companies Growth Trust plc (LON:AUSC) Announces Dividend of GBX 8.30

abrdn UK Smaller Companies Growth Trust plc (LON:AUSC) declared a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 8.30 ($0.11) per share on Friday, November 29th. This represents a yield of 1.65%. The ex-dividend date is Thursday, October 31st. This is a positive change from abrdn UK Smaller Companies Growth Trust’s previous dividend of $3.70. The official announcement can be accessed at this link.

abrdn UK Smaller Companies Growth Trust Price Performance

LON AUSC opened at GBX 494.43 ($6.50) on Friday. The firm’s fifty day simple moving average is GBX 508.48 and its two-hundred day simple moving average is GBX 482.10. The company has a current ratio of 0.58, a quick ratio of 0.41 and a debt-to-equity ratio of 5.85. abrdn UK Smaller Companies Growth Trust has a 12-month low of GBX 366 ($4.81) and a 12-month high of GBX 536.31 ($7.05). The firm has a market capitalization of £387.78 million, a P/E ratio of -1,169.77 and a beta of 1.01.

About abrdn UK Smaller Companies Growth Trust

abrdn UK Smaller Companies Growth Trust plc is a closed-ended equity mutual fund launched by Standard Life Investments Limited. The fund is managed by Standard Life Investments (Corporate Funds) Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.