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

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.11 per share on Friday, February 28th. This represents a $1.32 dividend on an annualized basis and a yield of 12.87%. The ex-dividend date is Friday, February 21st.

Abrdn Global Dynamic Dividend Fund Stock Down 0.5 %

AGD traded down $0.05 on Wednesday, hitting $10.26. The company had a trading volume of 77,480 shares, compared to its average volume of 144,674. The company’s fifty day moving average price is $10.06 and its 200 day moving average price is $10.17. Abrdn Global Dynamic Dividend Fund has a 1 year low of $9.10 and a 1 year 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.