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

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.11 per share on Monday, March 31st. This represents a $1.32 annualized dividend and a dividend yield of 12.98%. The ex-dividend date of this dividend is Tuesday, March 25th.

Abrdn Global Dynamic Dividend Fund Stock Up 0.7 %

NYSE:AGD traded up $0.07 during midday trading on Wednesday, hitting $10.17. The company had a trading volume of 53,621 shares, compared to its average volume of 84,699. Abrdn Global Dynamic Dividend Fund has a 52-week low of $9.10 and a 52-week high of $10.68. The stock’s fifty day moving average price is $10.16 and its 200-day moving average price is $10.21.

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.