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

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.11 per share on Monday, March 31st. This represents a $1.32 annualized dividend and a dividend yield of 13.14%. The ex-dividend date is Tuesday, March 25th.

Abrdn Global Dynamic Dividend Fund Stock Down 1.0 %

AGD traded down $0.11 on Thursday, hitting $10.05. The company’s stock had a trading volume of 61,185 shares, compared to its average volume of 84,722. Abrdn Global Dynamic Dividend Fund has a 12 month low of $9.10 and a 12 month high of $10.68. The company’s 50 day simple moving average is $10.16 and its 200-day simple moving average is $10.21.

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.