PHILADELPHIA, March 9, 2021 /PRNewswire/ -- Aberdeen
Emerging Markets Equity Income Fund, Inc. (NYSE
American: AEF) (the "Fund"), a closed-end equity fund,
announced today that it will pay a distribution of US $0.063 per share on March
31, 2021 to all shareholders of record as of March 24, 2021 (ex-dividend date March 23, 2021).
As announced on December 21, 2020,
consistent with the Fund's distribution policy to pay distributions
quarterly, comprised of net investment income generated by
dividends paid from the Fund's underlying securities, the Fund will
maintain the annualized distribution rate for the 2021 calendar
year at 2.5%, payable quarterly. This policy will be subject to
ongoing review by the Board.
In January 2022, a Form 1099-DIV
will be sent to shareholders, which will state the amount and
composition of distributions and provide information with respect
to their appropriate tax treatment for the 2021 calendar
year.
The Fund is managed and advised by Aberdeen Asset Managers
Limited. The Fund's shares trade on the NYSE American under the
symbol "AEF".
You should not draw any conclusions about the Fund's investment
performance from the amount of this distribution.
In the United States, Aberdeen
Standard Investments is the marketing name for the following
affiliated, registered investment advisers: Aberdeen Standard
Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard
Investments Australia Ltd., Aberdeen Standard Investments
(Asia) Ltd., Aberdeen Capital
Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC
and Aberdeen Standard Alternative Funds Limited.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment return and principal
value will fluctuate so that an investor's shares may be worth more
or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the net asset value
(NAV) of the fund's portfolio. There is no assurance that the Fund
will achieve its investment objective. Past performance does not
guarantee future results.
If you wish to receive this information
electronically, please contact
Investor.Relations@aberdeenstandard.com
aberdeenaef.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-301243851.html
SOURCE Aberdeen Emerging Markets Equity Income Fund, Inc.