abrdn Global Premier Properties Fund (AWP) to Issue Monthly Dividend of $0.04 on January 30th

abrdn Global Premier Properties Fund (NYSE:AWP) announced a monthly dividend on Monday, January 12th. Shareholders of record on Friday, January 23rd will be given a dividend of 0.04 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Friday, January 23rd.

abrdn Global Premier Properties Fund Trading Down 0.1%

Shares of NYSE AWP opened at $3.91 on Wednesday. abrdn Global Premier Properties Fund has a fifty-two week low of $3.27 and a fifty-two week high of $4.08. The stock has a fifty day moving average of $3.89 and a 200-day moving average of $3.91.

Hedge Funds Weigh In On abrdn Global Premier Properties Fund

Hedge funds have recently bought and sold shares of the company. Penserra Capital Management LLC boosted its holdings in abrdn Global Premier Properties Fund by 3.0% in the 2nd quarter. Penserra Capital Management LLC now owns 2,346,351 shares of the investment management company’s stock valued at $9,291,000 after purchasing an additional 69,339 shares during the period. Osaic Holdings Inc. raised its position in shares of abrdn Global Premier Properties Fund by 7.4% in the second quarter. Osaic Holdings Inc. now owns 543,080 shares of the investment management company’s stock worth $2,151,000 after buying an additional 37,649 shares in the last quarter. NWF Advisory Services Inc. boosted its stake in abrdn Global Premier Properties Fund by 6.1% during the third quarter. NWF Advisory Services Inc. now owns 440,225 shares of the investment management company’s stock valued at $1,748,000 after buying an additional 25,200 shares during the period. J.W. Cole Advisors Inc. grew its position in abrdn Global Premier Properties Fund by 6.7% during the third quarter. J.W. Cole Advisors Inc. now owns 371,941 shares of the investment management company’s stock worth $1,477,000 after buying an additional 23,308 shares in the last quarter. Finally, OneAscent Financial Services LLC grew its position in abrdn Global Premier Properties Fund by 120.0% during the third quarter. OneAscent Financial Services LLC now owns 359,064 shares of the investment management company’s stock worth $1,425,000 after buying an additional 195,831 shares in the last quarter.

abrdn Global Premier Properties Fund Company Profile

abrdn Global Premier Properties Fund (NYSE: AWP) is a publicly traded, closed-end investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund is managed by abrdn plc, a global asset manager, and primarily invests in equity and debt securities of real estate companies and real estate investment trusts (REITs) worldwide. By trading its shares on the New York Stock Exchange, AWP offers investors access to a diversified portfolio of real estate assets without the need to directly acquire or manage physical properties.

The fund’s investment strategy emphasizes bottom-up security selection, targeting companies that offer attractive dividend yields, earnings growth potential and stable cash flows.