Aberdeen Frontier Markets sets divi exchange rate

Aberdeen Frontier Markets Investment Company has announced that the US dollar-sterling exchange rate for the previously announced final dividend of 1.2 cents per ordinary share got year ended 30 June has been set at 1.2444.

The sterling equivalent dividend payable is 0.96432p per ordinary share.

Subject to approval at the company's annual general meeting, the dividend will be paid in sterling on 19 December to shareholders on the register on 18 November 2016.

At 1:08pm: (LON:AFMC) Aberdeen Frontier Markets Investment Company Limited share price was -0.25p at 62.5p