abrdn Global Premier Properties Fund (NYSE:AWP) Declares $0.04 Monthly Dividend

abrdn Global Premier Properties Fund (NYSE:AWP) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.04 per share by the investment management company on Friday, February 28th. This represents a $0.48 dividend on an annualized basis and a yield of 12.01%. The ex-dividend date is Friday, February 21st.

abrdn Global Premier Properties Fund has raised its dividend by an average of 2.9% annually over the last three years.

abrdn Global Premier Properties Fund Price Performance

Shares of AWP stock traded down $0.01 during mid-day trading on Wednesday, hitting $4.00. 212,416 shares of the company’s stock were exchanged, compared to its average volume of 365,708. abrdn Global Premier Properties Fund has a fifty-two week low of $3.51 and a fifty-two week high of $4.68. The stock has a 50-day simple moving average of $3.98 and a two-hundred day simple moving average of $4.21.

abrdn Global Premier Properties Fund Company Profile

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.