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Director Sell Moritz A of ABRDN AUSTRALIA EQUITY FUND, INC. (EXCHANGE:IAF) recently purchased 2,000 shares of the company’s common stock at a price of $4.50 per share. The fund, currently valued at $125 million, offers investors an attractive 10.6% dividend yield and has maintained dividend payments for 40 consecutive years, according to InvestingPro data.
The transaction, which occurred on July 2, 2025, amounted to a total investment of $9,000. Following this purchase, Sell Moritz A directly owns 3,000 shares of ABRDN AUSTRALIA EQUITY FUND, INC. The fund has demonstrated strong performance with a 13.8% year-to-date return. For comprehensive insider trading analysis and additional financial metrics, subscribers can access InvestingPro, which offers 5 more key insights about IAF.
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