abrdn UK Smaller Companies Growth Trust plc (LON:AUSC) to Issue Dividend Increase – GBX 8.30 Per Share

abrdn UK Smaller Companies Growth Trust plc (LON:AUSC) announced a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 8.30 ($0.11) per share on Friday, November 29th. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, October 31st. This is an increase from abrdn UK Smaller Companies Growth Trust’s previous dividend of $3.70. The official announcement can be seen at this link.

abrdn UK Smaller Companies Growth Trust Price Performance

AUSC stock opened at GBX 498.41 ($6.46) on Wednesday. The company has a market capitalization of £390.90 million, a P/E ratio of -1,159.93 and a beta of 1.01. The company has a fifty day moving average price of GBX 499.99 and a 200-day moving average price of GBX 496.49. The company has a debt-to-equity ratio of 5.85, a quick ratio of 0.41 and a current ratio of 0.58. abrdn UK Smaller Companies Growth Trust has a 52-week low of GBX 371.20 ($4.81) and a 52-week high of GBX 536.31 ($6.96).

About abrdn UK Smaller Companies Growth Trust

abrdn UK Smaller Companies Growth Trust plc is a closed-ended equity mutual fund launched by Standard Life Investments Limited. The fund is managed by Standard Life Investments (Corporate Funds) Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.