Alpine Total Dynamic Dividend Fund (AOD) Announces $0.06 Monthly Dividend
Alpine Total Dynamic Dividend Fund (NYSE:AOD) announced a monthly dividend on Tuesday, November 21st, Wall Street Journal reports. Investors of record on Thursday, December 21st will be given a dividend of 0.0575 per share by the investment management company on Friday, December 29th. This represents a $0.69 dividend on an annualized basis and a yield of 7.64%. The ex-dividend date is Wednesday, December 20th.
Alpine Total Dynamic Dividend Fund has decreased its dividend by an average of 0.7% annually over the last three years.
Shares of Alpine Total Dynamic Dividend Fund (AOD) opened at $9.03 on Wednesday. Alpine Total Dynamic Dividend Fund has a fifty-two week low of $7.28 and a fifty-two week high of $9.19.
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About Alpine Total Dynamic Dividend Fund
Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current dividend income. The Fund also focuses on long-term growth of capital as a secondary investment objective. The Fund’s portfolio includes its investments in various industry sectors, such as aerospace and defense, air freight and logistics, airlines, auto components, beverages, communications equipment, construction and engineering, consumer finance, electric utilities, diversified telecommunication services, energy equipment and services, equity real estate investment, food and staples retailing, chemicals, food products, biotechnology, commercial services and supplies, gas utilities, healthcare equipment and supplies, healthcare providers and services, household durables, household products, independent power and renewables, and insurance.
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