abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Stock Price Up 0.2% – Time to Buy?

Shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) traded up 0.2% during trading on Wednesday. The stock traded as high as $46.27 and last traded at $46.11. Approximately 11,951 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 20,090 shares. The stock had previously closed at $46.03.

abrdn Emerging Markets Dividend Active ETF Stock Performance

The company has a market cap of $342.50 million, a price-to-earnings ratio of 13.90 and a beta of 1.04. The business has a fifty day moving average price of $48.63 and a 200 day moving average price of $47.83.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 22nd were given a $0.5559 dividend. This is a boost from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716. This represents a $2.22 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Tuesday, September 22nd.

About abrdn Emerging Markets Dividend Active ETF

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.