on Abrdn Emerging Markets Equity Income Fund, Inc. (NASDAQ:AEF)
Abrdn Emerging Markets Ex-China Fund, Inc. Announces 10% Distribution Rate
The abrdn Emerging Markets Ex-China Fund, Inc. (AEF) has disclosed details regarding its first distribution at an elevated 10% rate. The distribution of $0.15 per share is set to be paid on March 31, 2025, to shareholders on record as of March 25, 2025.
This decision was made following strategic changes announced in December 2024, with the distribution rate increasing from 6.5% to 10%. The quarterly distributions hinge on the average daily net asset value over the prior three months preceding the declaration.
The board plans to retain this rate for the next year, barring any unexpected market shifts. The policy aims to provide consistent cash flow to shareholders and potentially lessen the NAV trading discount. However, there is no guarantee of achieving these outcomes, as the distribution policy could be modified by the Board at any time.
R. P.
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