abrdn Emerging Markets ex-China Fund, Inc.
AEFFinancial Services · Stock · quarterly payer
Forward Yield
8.41%
Annual Dividend
$0.79
Payout Ratio
28%
5-Yr Growth
28.2%
Ex-Date
Jun 23, 2026
Frequency
Quarterly
Summary
As of August 2026, abrdn Emerging Markets ex-China Fund, Inc. (AEF) yields 8.41% ($0.79 per share annually), with a blended fair-value estimate of $17.00 — +81% upside, so it screens as undervalued. Dividend safety grade: B (67/100). 1 years of dividend growth.
Is AEF a good dividend stock?
Yes, with caveatsabrdn Emerging Markets ex-China Fund, Inc. (AEF) pays a quarterly dividend yielding 8.41% ($0.79/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (28%)
- Strong 28.2% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.41%
- Payout Ratio
- 28%
- Annual Dividend
- $0.79
- 5-Yr Avg Growth
- 28.2%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.05
- Market Cap
- $376.4M
- P/E Ratio
- 4.0
- 5-Yr Total Return
- 13%
- 52-Week Range
- —
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
AEF Price — Last 12 Months
Daily close
Price Return
1 Year
+45%
3 Years
+97%
5 Years
+13%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AEF worth?
Undervaluedlow confidenceOur blended fair-value estimate for abrdn Emerging Markets ex-China Fund, Inc. is $17.00 per share, versus a market price of $9.39. That implies 81% of upside — a margin of safety of about 45%.
Fair Value
$17.00
Current Price
$9.39
Upside
+81%
Margin of Safety
45%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.6% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.29 EPS, $0.79 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AEF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 23, 2026 | — | $0.2300 | regular |
| Mar 24, 2026 | — | $0.2100 | regular |
| Dec 31, 2025 | — | $0.1800 | regular |
| Sep 23, 2025 | — | $0.1700 | regular |
| Jun 23, 2025 | — | $0.1500 | regular |
| Mar 25, 2025 | — | $0.1500 | regular |
| Dec 30, 2024 | — | $0.1000 | regular |
| Sep 23, 2024 | — | $0.1000 | regular |
| Jun 21, 2024 | — | $0.1000 | regular |
| Mar 20, 2024 | — | $0.0900 | regular |
| Dec 28, 2023 | — | $0.0900 | regular |
| Sep 21, 2023 | — | $0.1000 | regular |
| Jun 22, 2023 | — | $0.1000 | regular |
| Mar 23, 2023 | — | $0.1000 | regular |
Income Calculator
At $0.79 / yr per share
