abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) declared a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be given a dividend of 0.07 per share on Friday, January 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 14.33%. The ex-dividend date of this dividend is Friday, January 24th.
abrdn Global Income Fund has raised its dividend by an average of 58.9% annually over the last three years.
abrdn Global Income Fund Price Performance
abrdn Global Income Fund stock traded up $0.09 during mid-day trading on Monday, hitting $5.86. 41,759 shares of the company’s stock were exchanged, compared to its average volume of 68,523. abrdn Global Income Fund has a 1-year low of $4.73 and a 1-year high of $6.32.
About abrdn Global Income Fund
Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe.
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