{"id":396819,"date":"2020-12-09T16:26:27","date_gmt":"2020-12-09T21:26:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396819"},"modified":"2020-12-09T16:26:27","modified_gmt":"2020-12-09T21:26:27","slug":"aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-4\/","title":{"rendered":"Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Quarterly Distribution"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PHILADELPHIA<\/span>, <span class=\"xn-chron\">Dec. 9, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008192-1&amp;h=3718298153&amp;u=http%3A%2F%2Fwww.aberdeenaef.com%2F&amp;a=Aberdeen+Emerging+Markets+Equity+Income+Fund%2C+Inc.\" rel=\"nofollow noopener noreferrer\"><b>Aberdeen Emerging Markets Equity Income Fund, Inc.<\/b><\/a><b>\u00a0<\/b>(NYSE American: AEF)<b>\u00a0<\/b>(the &#8220;Fund&#8221;), a closed-end equity fund, announced today that it will pay a distribution of US <span class=\"xn-money\">$0.054<\/span> per share on <span class=\"xn-chron\">January 8, 2021<\/span> to all shareholders of record as of <span class=\"xn-chron\">December 31, 2020<\/span> (ex-dividend date <span class=\"xn-chron\">December 30, 2020<\/span>). <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.jpg\" title=\"Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto\/Aberdeen Asset Management Inc.)\" alt=\"Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto\/Aberdeen Asset Management Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>As announced on <span class=\"xn-chron\">December 10, 2019<\/span>, consistent with the Fund&#8217;s policy to pay distributions quarterly, comprised of net investment income generated by dividends paid from the Fund&#8217;s underlying securities, the Board determined the annualized distribution rate for the 2020 calendar year to 2.5%, payable quarterly, commencing with the <span class=\"xn-chron\">March 2020<\/span> distribution. The determination was based on the Fund&#8217;s estimated dividend income over the period, net of taxes and expenses, and is subject to ongoing review by the Board.<\/p>\n<p>In <span class=\"xn-chron\">January 2021<\/span>, 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 2020 calendar year.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>The Fund is managed and advised by Aberdeen Asset Managers Limited. The Fund&#8217;s shares trade on the NYSE American under the symbol &#8220;AEF&#8221;.\u00a0<\/p>\n<p>You should not draw any conclusions about the Fund&#8217;s investment performance from the amount of this distribution.\u00a0 <\/p>\n<p>In <span class=\"xn-location\">the United States<\/span>, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers:\u00a0 Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (<span class=\"xn-location\">Asia<\/span>) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited. <\/p>\n<p>Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund&#8217;s investment return and principal value will fluctuate so that an investor&#8217;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&#8217;s portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.<\/p>\n<p class=\"prntal\">If you wish to receive this information electronically, please contact <a target=\"_blank\" href=\"mailto:Investor.Relations@aberdeenstandard.com\" rel=\"nofollow noopener noreferrer\">Investor.Relations@aberdeenstandard.com<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>aberdeenaef.com<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH19101&amp;sd=2020-12-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-301189839.html\">http:\/\/www.prnewswire.com\/news-releases\/aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-301189839.html<\/a><\/p>\n<p>SOURCE  Aberdeen Emerging Markets Equity Income Fund, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH19101&amp;Transmission_Id=202012091623PR_NEWS_USPR_____PH19101&amp;DateId=20201209\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA, Dec. 9, 2020 \/PRNewswire\/ &#8212;\u00a0Aberdeen Emerging Markets Equity Income Fund, Inc.\u00a0(NYSE American: AEF)\u00a0(the &#8220;Fund&#8221;), a closed-end equity fund, announced today that it will pay a distribution of US $0.054 per share on January 8, 2021 to all shareholders of record as of December 31, 2020 (ex-dividend date December 30, 2020). As announced on December 10, 2019, consistent with the Fund&#8217;s policy to pay distributions quarterly, comprised of net investment income generated by dividends paid from the Fund&#8217;s underlying securities, the Board determined the annualized distribution rate for the 2020 calendar year to 2.5%, payable quarterly, commencing with the March 2020 distribution. The determination was based on the Fund&#8217;s estimated dividend income over the period, net of taxes &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Quarterly Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-396819","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Quarterly Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aberdeen-emerging-markets-equity-income-fund-inc-announces-quarterly-distribution-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Quarterly Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHILADELPHIA, Dec. 9, 2020 \/PRNewswire\/ &#8212;\u00a0Aberdeen Emerging Markets Equity Income Fund, Inc.\u00a0(NYSE American: AEF)\u00a0(the &#8220;Fund&#8221;), a closed-end equity fund, announced today that it will pay a distribution of US $0.054 per share on January 8, 2021 to all shareholders of record as of December 31, 2020 (ex-dividend date December 30, 2020). As announced on December 10, 2019, consistent with the Fund&#8217;s policy to pay distributions quarterly, comprised of net investment income generated by dividends paid from the Fund&#8217;s underlying securities, the Board determined the annualized distribution rate for the 2020 calendar year to 2.5%, payable quarterly, commencing with the March 2020 distribution. The determination was based on the Fund&#8217;s estimated dividend income over the period, net of taxes &hellip; Continue reading &quot;Aberdeen Emerging Markets Equity Income Fund, Inc. 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As announced on December 10, 2019, consistent with the Fund&#8217;s policy to pay distributions quarterly, comprised of net investment income generated by dividends paid from the Fund&#8217;s underlying securities, the Board determined the annualized distribution rate for the 2020 calendar year to 2.5%, payable quarterly, commencing with the March 2020 distribution. The determination was based on the Fund&#8217;s estimated dividend income over the period, net of taxes &hellip; Continue reading \"Aberdeen Emerging Markets Equity Income Fund, Inc. 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