abrdn Diversified Income & Growth (LON:ADIG) Stock Price Up 0.3%

abrdn Diversified Income & Growth (LON:ADIG) shares rose 0.3% during trading on Tuesday . The stock traded as high as GBX 77 ($0.97) and last traded at GBX 76.40 ($0.96). Approximately 1,097,303 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 669,775 shares. The stock had previously closed at GBX 76.20 ($0.96).

abrdn Diversified Income & Growth Price Performance

The company has a market capitalization of £230.17 million, a P/E ratio of -3,820.00 and a beta of 0.39. The stock’s fifty day simple moving average is GBX 74.17 and its 200-day simple moving average is GBX 76.75. The company has a debt-to-equity ratio of 4.46, a current ratio of 20.47 and a quick ratio of 1.70.

abrdn Diversified Income & Growth Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 7th were paid a dividend of GBX 1.42 ($0.02) per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a yield of 1.84%. abrdn Diversified Income & Growth’s payout ratio is -30,000.00%.

Insiders Place Their Bets

In related news, insider Davina Walter bought 52,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of GBX 78 ($0.98) per share, for a total transaction of £40,560 ($50,948.37). In other news, insider Davina Walter acquired 52,000 shares of abrdn Diversified Income & Growth stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of GBX 78 ($0.98) per share, for a total transaction of £40,560 ($50,948.37). Also, insider Tom Challenor sold 40,959 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of GBX 72 ($0.90), for a total value of £29,490.48 ($37,043.69). Company insiders own 2.15% of the company’s stock.

abrdn Diversified Income & Growth Company Profile

Abrdn Diversified Income And Growth Plc is a closed ended balanced mutual fund launched by BlackRock Fund Managers Limited. The fund is co-managed by BlackRock Investment Management (UK) Limited and Aberdeen Fund Managers Limited. It invests in public equity and fixed income markets across the globe.