Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) announced a monthly dividend on Friday, May 10th, Wall Street Journal reports. Stockholders of record on Wednesday, May 22nd will be paid a dividend of 0.0575 per share by the investment management company on Friday, May 31st. This represents a $0.69 annualized dividend and a dividend yield of 8.45%. The ex-dividend date is Tuesday, May 21st.

Aberdeen Total Dynamic Dividend Fund has decreased its dividend payment by an average of 2.7% per year over the last three years.

AOD stock opened at $8.17 on Thursday. Aberdeen Total Dynamic Dividend Fund has a 52 week low of $6.98 and a 52 week high of $9.20.

A hedge fund recently raised its stake in Aberdeen Total Dynamic Dividend Fund stock. Geode Capital Management LLC increased its stake in shares of Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 298,557 shares of the investment management company’s stock after buying an additional 25,554 shares during the period. Geode Capital Management LLC’s holdings in Aberdeen Total Dynamic Dividend Fund were worth $2,152,000 as of its most recent filing with the Securities and Exchange Commission.

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Dividend History for Aberdeen Total Dynamic Dividend Fund (NYSE:AOD)

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