abrdn Asian Income Fund (LON:AAIF) Posts Quarterly Earnings Results

abrdn Asian Income Fund (LON:AAIF) posted its quarterly earnings results on Wednesday. The company reported GBX 11.35 ($0.15) EPS for the quarter, Digital Look Earnings reports. abrdn Asian Income Fund had a net margin of 85.32% and a return on equity of 11.73%.

abrdn Asian Income Fund Stock Down 0.7 %

AAIF stock opened at GBX 213.56 ($2.76) on Friday. The stock has a market capitalization of £318.71 million, a P/E ratio of 7.55 and a beta of 0.70. The company has a debt-to-equity ratio of 8.19, a current ratio of 0.26 and a quick ratio of 0.11. abrdn Asian Income Fund has a 1-year low of GBX 197 ($2.55) and a 1-year high of GBX 234.42 ($3.03). The business has a fifty day moving average price of GBX 220.53 and a 200-day moving average price of GBX 219.53.

abrdn Asian Income Fund Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd were issued a GBX 6.78 ($0.09) dividend. This is a positive change from abrdn Asian Income Fund’s previous dividend of $2.55. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 2.99%. abrdn Asian Income Fund’s dividend payout ratio (DPR) is presently 42.42%.

abrdn Asian Income Fund Company Profile

Targeting the income and growth potential of Asia’s most compelling and sustainable companies.