Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) to Issue Monthly Dividend of $0.10

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) announced a monthly dividend on Monday, January 12th. Investors of record on Friday, January 23rd will be given a dividend of 0.10 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 11.9%. The ex-dividend date of this dividend is Friday, January 23rd.

Aberdeen Total Dynamic Dividend Fund Price Performance

AOD stock traded down $0.04 during midday trading on Tuesday, hitting $10.10. The stock had a trading volume of 670,254 shares, compared to its average volume of 602,432. The business has a 50-day moving average of $9.64 and a two-hundred day moving average of $9.38. Aberdeen Total Dynamic Dividend Fund has a 52-week low of $6.99 and a 52-week high of $10.18.

About Aberdeen Total Dynamic Dividend Fund

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.

The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.