abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Stock Breaks Above 200 Day Moving Average – Here’s Why

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $46.12 and traded as high as $46.57. abrdn Emerging Markets Dividend Active ETF shares last traded at $46.52, with a volume of 6,100 shares traded.

abrdn Emerging Markets Dividend Active ETF Trading Up 1.8%

The stock has a 50 day simple moving average of $48.36 and a 200 day simple moving average of $46.12. The firm has a market capitalization of $351.69 million, a PE ratio of 13.90 and a beta of 1.04.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Tuesday, September 22nd were issued a $0.5559 dividend. This is a positive change from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716. This represents a $2.22 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Tuesday, September 22nd.

abrdn Emerging Markets Dividend Active ETF Company Profile

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.