Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Raises Dividend to $0.11 Per Share

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) declared a monthly dividend on Friday, September 11th. Investors of record on Tuesday, September 22nd will be given a dividend of 0.11 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.6%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 10.0% increase from Aberdeen Total Dynamic Dividend Fund’s previous monthly dividend of $0.10.

Aberdeen Total Dynamic Dividend Fund Stock Performance

Shares of NYSE AOD opened at $10.49 on Friday. Aberdeen Total Dynamic Dividend Fund has a 52-week low of $8.76 and a 52-week high of $10.85. The firm has a 50 day moving average price of $10.59 and a 200 day moving average price of $10.25.

Aberdeen Total Dynamic Dividend Fund Company Profile

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.