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

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.11 per share on Friday, February 28th. This represents a $1.32 annualized dividend and a dividend yield of 12.87%. The ex-dividend date of this dividend is Friday, February 21st.

Abrdn Global Dynamic Dividend Fund Price Performance

Shares of NYSE:AGD opened at $10.26 on Thursday. The firm has a 50 day moving average of $10.06 and a 200 day moving average of $10.17. Abrdn Global Dynamic Dividend Fund has a 52 week low of $9.10 and a 52 week high of $10.68.

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.