Cash Dividend On The Way From Aberdeen Australia Equity Fund Incorporated (IAF)

Looking at the universe of stocks we cover at Dividend Channel, on 3/26/13, Aberdeen Australia Equity Fund Incorporated ( IAF) IAF will trade ex-dividend, for its quarterly dividend of $0.25, payable on 4/12/13. As a percentage of IAF's recent stock price of $11.50, this dividend works out to approximately 2.17%, so look for shares of Aberdeen Australia Equity Fund Incorporated to trade 2.17% lower — all else being equal — when IAF shares open for trading on 3/26/13.

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Below is a dividend history chart for IAF, showing historical dividends prior to the most recent $0.25 declared by Aberdeen Australia Equity Fund Incorporated:

IAF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IAF is likely to continue, and whether the current estimated yield of 8.70% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, Aberdeen Australia Equity Fund Incorporated shares are currently up about 0.6% on the day.
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