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

abrdn Asian Income Fund (LON:AAIF) issued 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 return on equity of 11.73% and a net margin of 85.32%.

abrdn Asian Income Fund Stock Down 1.8 %

AAIF traded down GBX 3.91 ($0.05) during trading hours on Friday, hitting GBX 211.09 ($2.73). 263,253 shares of the company’s stock were exchanged, compared to its average volume of 274,773. The stock has a market cap of £315.03 million, a price-to-earnings ratio of 7.46 and a beta of 0.70. 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 stock’s 50-day moving average is GBX 220.53 and its two-hundred day moving average is GBX 219.53. The company has a quick ratio of 0.11, a current ratio of 0.26 and a debt-to-equity ratio of 8.19.

abrdn Asian Income Fund Increases Dividend

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

About abrdn Asian Income Fund

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