Aberdeen Latin America Equity Fund, Inc. (NYSEAMERICAN:LAQ) Plans Semiannual Dividend of $0.42

Aberdeen Latin America Equity Fund, Inc. (NYSEAMERICAN:LAQ) declared a semiannual dividend on Thursday, December 21st, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.4239 per share on Monday, January 8th. This represents a yield of 3.18%. The ex-dividend date is Thursday, December 28th. This is an increase from Aberdeen Latin America Equity Fund’s previous semiannual dividend of $0.30.

Shares of Aberdeen Latin America Equity Fund (LAQ) traded down $0.22 during mid-day trading on Thursday, hitting $27.94. The stock had a trading volume of 2,100 shares, compared to its average volume of 7,929. Aberdeen Latin America Equity Fund has a twelve month low of $20.19 and a twelve month high of $29.90.

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Aberdeen Latin America Equity Fund Company Profile

Aberdeen Latin America Equity Fund, Inc (the Fund) is a non-diversified closed-end, management investment company. The Fund’s investment objective is to seek long-term capital appreciation by investing in Latin American equity securities. The Fund may invest approximately 10% 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 in emerging markets.

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