abrdn Asia Focus plc (LON:AAS) Declares Dividend Increase – GBX 1.62 Per Share

abrdn Asia Focus plc (LON:AAS) declared a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 1.62 ($0.02) per share on Friday, September 20th. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, August 22nd. This is an increase from abrdn Asia Focus’s previous dividend of $1.60. The official announcement can be viewed at this link.

abrdn Asia Focus Stock Performance

Shares of LON AAS opened at GBX 270.70 ($3.46) on Thursday. The firm’s fifty day moving average is GBX 278.06 and its two-hundred day moving average is GBX 271.35. abrdn Asia Focus has a 52-week low of GBX 241 ($3.08) and a 52-week high of GBX 289 ($3.69). The company has a market cap of £418.07 million, a P/E ratio of 1,288.86 and a beta of 0.64. The company has a debt-to-equity ratio of 13.60, a quick ratio of 3.67 and a current ratio of 6.43.

Insider Buying and Selling

In other news, insider Lucy Macdonald bought 12,000 shares of the stock in a transaction dated Monday, August 5th. The stock was purchased at an average cost of GBX 260 ($3.32) per share, for a total transaction of £31,200 ($39,836.57). 3.34% of the stock is owned by company insiders.

About abrdn Asia Focus

Aberdeen Standard Asia Focus PLC operates as an investment trust that invests in a portfolio of smaller companies in Japan, Asia, and Australasia. The trust invests in companies operating in various sectors, including auto components; beverages; chemicals; commercial banks; containers and packaging; diversified financial services; food and staples retailing; hotels, restaurants, and leisure; industrial conglomerates; multiline retail; paper and forest products; real estate; and transportation infrastructure.