abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) to Issue Monthly Dividend of $0.07

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) declared a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.07 per share on Friday, January 10th. This represents a $0.84 annualized dividend and a yield of 14.23%. The ex-dividend date of this dividend is Monday, December 30th.

abrdn Global Income Fund has raised its dividend by an average of 68.9% per year over the last three years.

abrdn Global Income Fund Price Performance

Shares of NYSEAMERICAN FCO traded down $0.02 during mid-day trading on Wednesday, reaching $5.91. 46,689 shares of the company traded hands, compared to its average volume of 73,424. abrdn Global Income Fund has a fifty-two week low of $4.73 and a fifty-two week high of $6.63.

abrdn Global Income Fund Company Profile

Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe.