abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Share Price Crosses Above 200 Day Moving Average – Here’s Why

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM)’s share price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $46.12 and traded as high as $46.57. abrdn Emerging Markets Dividend Active ETF shares last traded at $46.52, with a volume of 6,100 shares trading hands.

abrdn Emerging Markets Dividend Active ETF Price Performance

The firm has a market cap of $335.82 million, a P/E ratio of 13.90 and a beta of 1.04. The stock’s 50 day moving average is $48.22 and its two-hundred day moving average is $46.17.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Tuesday, September 22nd were issued a $0.5559 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Tuesday, September 22nd. This is a boost from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716.

abrdn Emerging Markets Dividend Active ETF Company Profile

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.