Aberdeen Total Dynamic Dividend Fund (AOD) to Issue Monthly Dividend of $0.06 on July 31st
Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) announced a monthly dividend on Thursday, July 12th, Wall Street Journal reports. Stockholders of record on Monday, July 23rd will be paid a dividend of 0.0575 per share by the investment management company on Tuesday, July 31st. This represents a $0.69 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Friday, July 20th.
Aberdeen Total Dynamic Dividend Fund has increased its dividend payment by an average of 0.6% annually over the last three years.
Shares of Aberdeen Total Dynamic Dividend Fund opened at $8.87 on Thursday, according to MarketBeat Ratings. Aberdeen Total Dynamic Dividend Fund has a 52-week low of $8.39 and a 52-week high of $10.03.
Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current dividend income. The Fund also focuses on long-term growth of capital as a secondary investment objective. The Fund’s portfolio includes its investments in various industry sectors, such as aerospace and defense, air freight and logistics, airlines, auto components, beverages, communications equipment, construction and engineering, consumer finance, electric utilities, diversified telecommunication services, energy equipment and services, equity real estate investment, food and staples retailing, chemicals, food products, biotechnology, commercial services and supplies, gas utilities, healthcare equipment and supplies, healthcare providers and services, household durables, household products, independent power and renewables, and insurance.
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