Aberdeen Total Dynamic Dividend Fund (NYSE:AOD – Get Free Report) declared a monthly dividend on Tuesday, June 9th. Stockholders of record on Tuesday, June 23rd will be given a dividend of 0.11 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date is Tuesday, June 23rd. This is a 10.0% increase from Aberdeen Total Dynamic Dividend Fund’s previous monthly dividend of $0.10.
Aberdeen Total Dynamic Dividend Fund Stock Performance
Shares of NYSE AOD opened at $10.40 on Friday. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $8.51 and a 1-year high of $10.77. The business has a fifty day moving average price of $10.28 and a 200 day moving average price of $10.02.
About Aberdeen Total Dynamic Dividend Fund
Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.
The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.
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