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

abrdn Global Premier Properties Fund (NYSE:AWP) announced a monthly dividend on Tuesday, April 9th, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.04 per share by the investment management company on Tuesday, April 30th. This represents a $0.48 dividend on an annualized basis and a yield of 13.33%. The ex-dividend date of this dividend is Monday, April 22nd.

abrdn Global Premier Properties Fund Price Performance

Shares of abrdn Global Premier Properties Fund stock opened at $3.60 on Friday. abrdn Global Premier Properties Fund has a 52 week low of $3.06 and a 52 week high of $4.14. The stock has a 50 day moving average price of $3.75 and a two-hundred day moving average price of $3.69.

Institutional Trading of abrdn Global Premier Properties Fund

Several hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its holdings in shares of abrdn Global Premier Properties Fund by 16.5% during the second quarter. NewEdge Advisors LLC now owns 31,138 shares of the investment management company’s stock valued at $153,000 after buying an additional 4,400 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in abrdn Global Premier Properties Fund by 7.2% during the 2nd quarter. Kestra Advisory Services LLC now owns 71,416 shares of the investment management company’s stock valued at $280,000 after purchasing an additional 4,773 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in abrdn Global Premier Properties Fund by 7.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 94,052 shares of the investment management company’s stock worth $359,000 after purchasing an additional 6,429 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of abrdn Global Premier Properties Fund by 5.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 136,265 shares of the investment management company’s stock worth $878,000 after purchasing an additional 7,504 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of abrdn Global Premier Properties Fund by 0.8% in the first quarter. Royal Bank of Canada now owns 944,961 shares of the investment management company’s stock worth $6,086,000 after purchasing an additional 7,759 shares during the last quarter.

About abrdn Global Premier Properties Fund

Abrdn Global Premier Properties Fund is a closed-end 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 real estate sectors. It invests in value stocks of companies.