How have IAF shares performed in 2024?

Abrdn Australia Equity Fund's stock was trading at $4.0797 at the beginning of 2024. Since then, IAF shares have increased by 2.2% and is now trading at $4.17. View the best growth stocks for 2024 here .

Are investors shorting Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 28,200 shares, an increase of 63.0% from the March 15th total of 17,300 shares. Based on an average daily trading volume, of 92,400 shares, the days-to-cover ratio is presently 0.3 days. View Abrdn Australia Equity Fund's Short Interest .

How often does Abrdn Australia Equity Fund pay dividends? What is the dividend yield for Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund declared a quarterly dividend on Friday, February 9th. Stockholders of record on Thursday, February 22nd will be paid a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 annualized dividend and a dividend yield of 11.51%. The ex-dividend date is Wednesday, February 21st. This is a boost from the stock's previous quarterly dividend of $0.11. Read our dividend analysis for IAF .

Is Abrdn Australia Equity Fund a good dividend stock?

Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.12%. Read our dividend analysis for IAF .

What other stocks do shareholders of Abrdn Australia Equity Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Australia Equity Fund investors own include AbbVie (ABBV) , General Motors (GM) , Main Street Capital (MAIN) , Pfizer (PFE) , AT&T (T) , Walgreens Boots Alliance (WBA) , Apple Hospitality REIT (APLE) , Franklin Resources (BEN) and Bank of Nova Scotia (BNS) .

Who are Abrdn Australia Equity Fund's major shareholders?

Abrdn Australia Equity Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Radhika Ajmera and Stephen Bird. View institutional ownership trends .

How do I buy shares of Abrdn Australia Equity Fund?

Shares of IAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:IAF

Abrdn Australia Equity Fund (IAF) Stock Price, News & Analysis

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$4.18

+0.01 (+0.24%)

(As of 01:31 PM ET)

Compare

Today's Range: $4.17
▼
$4.22
50-Day Range: N/A
52-Week Range: $3.60
▼
$4.58

Volume: 40,652 shs
Average Volume: 91,282 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 15.31%
Price Target: N/A

Stock Analysis Chart Dividend Financials Headlines Insider Trades Ownership SEC Filings Short Interest

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About Abrdn Australia Equity Fund Stock (NYSEAMERICAN:IAF)

Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.

IAF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IAF Stock News Headlines

April 12, 2024 | americanbankingnews.com

Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF) Short Interest Update

March 30, 2024 | msn.com

Compare with Fidelity Growth Discovery Fund (FDSVX)

April 19, 2024 | Paradigm Press (Ad)

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January 23, 2024 | reuters.com

Australia's sovereign wealth fund grows on equity rally; cautious about rate cuts

January 22, 2024 | wsj.com

Australia’s Sovereign Wealth Fund Posts Rise in Assets, Says Rate Outlook Still Uncertain

January 22, 2024 | reuters.com

Australia's Macquarie raises $8.7 bln for European infrastructure fund

November 10, 2023 | msn.com

abrdn Australia Equity Fund declares $0.11 dividend

September 21, 2023 | msn.com

IAF: Risk/Reward Skews Negative For This Australian Fund

April 19, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

August 29, 2023 | msn.com

Australia's sovereign fund misses return target, says outlook choppy

August 23, 2023 | msn.com

Abu Dhabi wealth fund puts $450 mln more into Australian private credit fund

August 22, 2023 | msn.com

Abu Dhabi wealth fund puts $450 million more into Australian private credit fund

August 9, 2023 | news.yahoo.com

Australia’s $198 billion pension fund plans London spending spree

May 30, 2023 | msn.com

IAF: Unfavorable Risk/Reward Under The Extended Australian Tightening Cycle

May 12, 2023 | msn.com

Aberdeen Australia Equity Fund (IAF) Declares $0.13 Dividend

April 11, 2023 | thestreet.com

abrdn Australia Equity Fund Inc.

February 17, 2023 | msn.com

Australia news live: Linda Burney urges Peter Dutton to ‘stay engaged’ after Indigenous voice meeting

February 17, 2023 | cnbc.com

Australia to spend $5 billion on Brisbane Olympics venues

February 10, 2023 | msn.com

abrdn Australia Equity Fund declares $0.13 dividend

January 30, 2023 | forbes.com

ASX Stocks To Watch In 2023

December 19, 2022 | msn.com

Australia's sovereign wealth fund buys gold, commodities as shadow of 1970s looms

November 22, 2022 | bloomberg.com

Australia to Fix ‘Dog’s Breakfast’ of Pension Fund Disclosure

September 14, 2022 | yahoo.com

While institutions own 24% of Australian Vintage Ltd (ASX:AVG), individual investors are its largest shareholders with 56% ownership

September 12, 2022 | reuters.com

abrdn Australia Equity Fund Inc

September 10, 2022 | msn.com

IAF Joins 'Pitch Black' Exercise in Aus With Sukhois & C-17s | About the Multi-nation Air Warfare Drill

September 6, 2022 | reuters.com

abrdn Australia Equity Fund, Inc

August 10, 2022 | msn.com

Asset manager Abrdn set to slash a fifth of its funds

See More Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend: 2/21/2024
Dividend Payable: 3/28/2024
Today: 4/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Financial Services
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:IAF
CUSIP: N/A
CIK: 779336
Web: www.aberdeeniaf.com
Phone: 001-612-9950-2888
Fax: N/A
Employees: 38,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Martin James Gilbert C.A. (Age 69)
L.L.B., LLD, M.A., MA LLB LLD CA, CEO, VP, Interested Director, Chairman of Aberdeen Global Income Fund Inc
Ms. Natalie Tam
Portfolio Manager
Mr. Augustine Mark Daniels Bsc Econ (Age 69)
Portfolio Manager
Ms. Alison Briggs (Age 51)
VP, VP - Aberdeen Global Income Fund Inc and VP - Aberdeen Asia-Pacific Income Fund
Ms. Michelle Lopez CFA
Portfolio Manager

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

IAF Stock Analysis - Frequently Asked Questions

How have IAF shares performed in 2024?: Abrdn Australia Equity Fund's stock was trading at $4.0797 at the beginning of 2024. Since then, IAF shares have increased by 2.2% and is now trading at $4.17.
View the best growth stocks for 2024 here.
Are investors shorting Abrdn Australia Equity Fund?: Abrdn Australia Equity Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 28,200 shares, an increase of 63.0% from the March 15th total of 17,300 shares. Based on an average daily trading volume, of 92,400 shares, the days-to-cover ratio is presently 0.3 days.
View Abrdn Australia Equity Fund's Short Interest.
How often does Abrdn Australia Equity Fund pay dividends? What is the dividend yield for Abrdn Australia Equity Fund?: Abrdn Australia Equity Fund declared a quarterly dividend on Friday, February 9th. Stockholders of record on Thursday, February 22nd will be paid a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 annualized dividend and a dividend yield of 11.51%. The ex-dividend date is Wednesday, February 21st. This is a boost from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for IAF.
Is Abrdn Australia Equity Fund a good dividend stock?: Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.12%.
Read our dividend analysis for IAF.

What other stocks do shareholders of Abrdn Australia Equity Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Australia Equity Fund investors own include AbbVie (ABBV), General Motors (GM), Main Street Capital (MAIN), Pfizer (PFE), AT&T (T), Walgreens Boots Alliance (WBA), Apple Hospitality REIT (APLE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).
Who are Abrdn Australia Equity Fund's major shareholders?: Abrdn Australia Equity Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Radhika Ajmera and Stephen Bird.
View institutional ownership trends.
How do I buy shares of Abrdn Australia Equity Fund?: Shares of IAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:IAF) was last updated on 4/19/2024 by MarketBeat.com Staff

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