Abrdn Global Dynamic Dividend Fund to Issue Monthly Dividend of $0.11 (NYSE:AGD)

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Wednesday, February 12th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.11 per share on Friday, February 28th. This represents a $1.32 annualized dividend and a dividend yield of 12.87%. The ex-dividend date is Friday, February 21st.

Abrdn Global Dynamic Dividend Fund Stock Down 0.5 %

Shares of NYSE:AGD traded down $0.05 during midday trading on Wednesday, reaching $10.26. 77,480 shares of the company’s stock were exchanged, compared to its average volume of 144,674. The firm’s 50 day simple moving average is $10.06 and its two-hundred day simple moving average is $10.17. Abrdn Global Dynamic Dividend Fund has a fifty-two week low of $9.10 and a fifty-two week high of $10.68.

Abrdn Global Dynamic Dividend Fund Company Profile

Abrdn Global Dynamic Dividend Fund is a closed ended equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across all market capitalizations.