Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Quarterly Distribution

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The Aberdeen Emerging Markets Equity Income Fund (NYSE American: AEF) announced a distribution of $0.054 per share, scheduled for January 8, 2021. Shareholders of record by December 31, 2020 will receive this payment, with an ex-dividend date of December 30, 2020. The fund aims for a consistent quarterly distribution rate of 2.5% for 2020, based on estimated net investment income from dividends. A Form 1099-DIV will be issued in January 2021 detailing distribution composition for tax purposes. Historical performance does not guarantee future results.

PHILADELPHIA, Dec. 9, 2020 /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 $0.054 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's policy to pay distributions quarterly, comprised of net investment income generated by dividends paid from the Fund'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's estimated dividend income over the period, net of taxes and expenses, and is subject to ongoing review by the Board.

In January 2021, 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.                                                                                                                                            

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

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SOURCE Aberdeen Emerging Markets Equity Income Fund, Inc.

FAQ

What is the distribution amount announced by AEF for January 2021?

The Aberdeen Emerging Markets Equity Income Fund (AEF) announced a distribution of $0.054 per share, payable on January 8, 2021.

What is the ex-dividend date for AEF's January 2021 distribution?

The ex-dividend date for the January 2021 distribution of AEF is December 30, 2020.

What is the annualized distribution rate for AEF in 2020?

The annualized distribution rate for AEF in 2020 is 2.5%, paid quarterly.

When will AEF shareholders receive their Form 1099-DIV?

AEF shareholders will receive their Form 1099-DIV in January 2021, detailing the amount and composition of distributions.

What does the distribution amount indicate about AEF's investment performance?

The distribution amount should not be used to draw conclusions about AEF's investment performance.