abrdn Asian Income Fund (LON:AAIF) Announces Earnings Results

abrdn Asian Income Fund (LON:AAIF) announced its earnings results on Wednesday. The company reported GBX 11.35 ($0.15) earnings per share 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 Trading Up 0.0 %

abrdn Asian Income Fund stock traded up GBX 0.10 ($0.00) during trading on Thursday, hitting GBX 216.10 ($2.78). The company had a trading volume of 136,817 shares, compared to its average volume of 274,078. The company has a current ratio of 0.26, a quick ratio of 0.11 and a debt-to-equity ratio of 8.19. The company’s 50 day simple moving average is GBX 220.74 and its 200-day simple moving average is GBX 219.55. abrdn Asian Income Fund has a 1-year low of GBX 197 ($2.54) and a 1-year high of GBX 234.42 ($3.02). The stock has a market cap of £322.50 million, a price-to-earnings ratio of 7.64 and a beta of 0.70.

abrdn Asian Income Fund Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 23rd were given a dividend of GBX 6.78 ($0.09) per share. The ex-dividend date was Thursday, January 23rd. This represents a dividend yield of 2.99%. This is a boost from abrdn Asian Income Fund’s previous dividend of $2.55. 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.