Aberdeen Israel Fund Inc (NYSE:ISL) announced an annual dividend on Wednesday, September 13th, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.3054 per share on Friday, September 29th. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, September 21st.
Aberdeen Israel Fund has decreased its dividend by an average of 12.9% per year over the last three years.
Shares of Aberdeen Israel Fund (NYSE:ISL) traded up 0.75% during midday trading on Wednesday, hitting $20.05. 1,344 shares of the company’s stock were exchanged. The company has a 50-day moving average of $19.37 and a 200-day moving average of $18.67. Aberdeen Israel Fund has a 52 week low of $15.53 and a 52 week high of $20.50.
About Aberdeen Israel Fund
Aberdeen Israel Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s principal investment objective is to seek long-term capital appreciation by investing primarily in equity securities of Israeli companies. The Fund may invest up to 30% of its assets (at the time of commitment) in illiquid equity securities, including securities of private equity funds (whether in corporate or partnership form) that invest primarily in emerging markets.
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