Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Shareholders to Collect $0.12 Monthly Dividend

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Friday, October 9th. Investors of record on Friday, October 23rd will be given a dividend of $0.12 per share on Friday, October 30th. This represents a $1.44 annualized dividend and a dividend yield of 12.9%. The ex-dividend date is Friday, October 23rd.

Abrdn Global Dynamic Dividend Fund Stock Performance

NYSE:AGD traded down $0.02 during midday trading on Wednesday, reaching $11.20. The stock had a trading volume of 11,914 shares, compared to its average volume of 111,620. Abrdn Global Dynamic Dividend Fund has a 1-year low of $10.41 and a 1-year high of $12.89. The firm’s fifty day simple moving average is $11.88 and its 200-day simple moving average is $12.04.

Abrdn Global Dynamic Dividend Fund Company Profile

abrdn Global Dynamic Dividend Fund (NYSE: AGD) is a closed-end investment fund that seeks to provide investors with current income and long-term growth of capital. The fund invests primarily in dividend-paying equity securities issued by companies around the world.

Its portfolio may include common stocks, preferred securities, real estate investment trusts and other income-producing investments. The fund uses a flexible, globally diversified approach, allowing it to invest across industries, companies and geographic regions as its investment managers identify opportunities for dividend income and capital appreciation.

The fund was launched in 2006 and was formerly known as Alpine Global Dynamic Dividend Fund before becoming associated with Aberdeen, now abrdn.