Aberdeen Emerging Markets Invstmt Co Ltd (LON:AEMC) declared a dividend on Tuesday, April 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 30th will be given a dividend of GBX 5.25 ($0.07) per share on Friday, June 28th. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, May 30th. The official announcement can be seen at this link.
Shares of LON AEMC traded up GBX 1.28 ($0.02) during midday trading on Tuesday, hitting GBX 577.28 ($7.54). The stock had a trading volume of 7,377 shares, compared to its average volume of 20,560. Aberdeen Emerging Markets Invstmt has a 1-year low of GBX 5.02 ($0.07) and a 1-year high of GBX 579.92 ($7.58).
In related news, insider Mark Hadsley Chaplin purchased 5,000 shares of Aberdeen Emerging Markets Invstmt stock in a transaction that occurred on Monday, February 4th. The shares were purchased at an average cost of GBX 550 ($7.19) per share, with a total value of £27,500 ($35,933.62). Also, insider William Nicholas Collins purchased 3,000 shares of Aberdeen Emerging Markets Invstmt stock in a transaction that occurred on Friday, February 1st. The shares were bought at an average cost of GBX 550 ($7.19) per share, for a total transaction of £16,500 ($21,560.17).
Aberdeen Emerging Markets Investment Company Limited is a close-ended equity fund of funds launched and managed by Aberdeen Emerging Capital Limited. The fund invests both directly and through other funds in public equity markets of emerging market countries across the globe, with a focus on Asia, Eastern Europe, the Middle East, Africa, and Latin America.
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