Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Declares Monthly Dividend of $0.12

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be paid a dividend of 0.12 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date is Friday, February 20th.

Abrdn Global Dynamic Dividend Fund Trading Down 0.3%

AGD traded down $0.04 during trading on Wednesday, reaching $12.33. The company had a trading volume of 67,843 shares, compared to its average volume of 135,894. The firm’s 50-day simple moving average is $12.02 and its 200 day simple moving average is $11.99. Abrdn Global Dynamic Dividend Fund has a 12-month low of $8.46 and a 12-month high of $13.98.

Abrdn Global Dynamic Dividend Fund Company Profile

Abrdn Global Dynamic Dividend Fund (NYSE: AGD) is a closed-end investment company that seeks to deliver a high level of current income along with the potential for capital appreciation. Managed by abrdn Investment Management Limited, the fund employs an active, research-driven approach to build a diversified portfolio of equity securities issued by companies around the world that demonstrate sustainable dividend payment histories.

The fund’s investment strategy combines top-down macroeconomic insights with bottom-up company analysis.