Abrdn Global Dynamic Dividend Fund (NYSE:AGD – Get Free Report) announced a monthly dividend on Tuesday, June 9th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.12 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 11.9%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Abrdn Global Dynamic Dividend Fund Trading Down 0.9%
Shares of NYSE:AGD opened at $12.06 on Thursday. Abrdn Global Dynamic Dividend Fund has a one year low of $10.34 and a one year high of $13.98. The business’s 50-day simple moving average is $12.09 and its 200 day simple moving average is $12.01.
Institutional Investors Weigh In On Abrdn Global Dynamic Dividend Fund
Several hedge funds have recently modified their holdings of AGD. Axiom Investment Management LLC purchased a new stake in shares of Abrdn Global Dynamic Dividend Fund during the 1st quarter valued at about $36,000. Fifth Third Bancorp purchased a new stake in Abrdn Global Dynamic Dividend Fund during the 1st quarter worth approximately $90,000. Shaker Financial Services LLC purchased a new stake in Abrdn Global Dynamic Dividend Fund during the 4th quarter worth approximately $129,000. Absolute Investment Advisers LLC purchased a new stake in Abrdn Global Dynamic Dividend Fund during the 1st quarter worth approximately $130,000. Finally, XTX Topco Ltd purchased a new stake in Abrdn Global Dynamic Dividend Fund during the 2nd quarter worth approximately $135,000.
About Abrdn Global Dynamic Dividend Fund
Abrdn Global Dynamic Dividend Fund (NYSE: AGD) is a closed-end investment company that seeks to deliver a high level of current income along with the potential for capital appreciation. Managed by abrdn Investment Management Limited, the fund employs an active, research-driven approach to build a diversified portfolio of equity securities issued by companies around the world that demonstrate sustainable dividend payment histories.
The fund’s investment strategy combines top-down macroeconomic insights with bottom-up company analysis.
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