abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) announced a monthly dividend on Tuesday, March 10th. Stockholders of record on Tuesday, March 24th will be given a dividend of 0.07 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 26.1%. The ex-dividend date of this dividend is Tuesday, March 24th.
abrdn Global Income Fund Price Performance
Shares of FCO stock opened at $3.22 on Friday. The company’s fifty day simple moving average is $3.13 and its 200-day simple moving average is $3.20. abrdn Global Income Fund has a 52 week low of $2.73 and a 52 week high of $6.77.
About abrdn Global Income Fund
abrdn Global Income Fund (NYSE American: FCO) is a closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. Managed by abrdn’s global investment team, the fund pursues a diversified strategy across both fixed-income and equity markets. It is structured to deliver monthly distributions by combining income-generating securities with active portfolio management and selective use of leverage.
The fund’s core holdings typically include a broad range of global corporate bonds, convertible securities, preferred stocks and high-yield credit.
Further Reading
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