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

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be given a dividend of 0.11 per share on Friday, January 31st. This represents a $1.32 annualized dividend and a dividend yield of 13.40%. The ex-dividend date is Friday, January 24th.

Abrdn Global Dynamic Dividend Fund Stock Performance

NYSE AGD opened at $9.85 on Tuesday. The company’s fifty day moving average is $10.07 and its two-hundred day moving average is $10.12. Abrdn Global Dynamic Dividend Fund has a 52-week low of $9.09 and a 52-week high of $10.68.

About Abrdn Global Dynamic Dividend Fund

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.