Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Stock to Pay Monthly Dividend of $0.12

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Friday, October 9th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.12 per share on Friday, October 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 12.9%. The ex-dividend date is Friday, October 23rd.

Abrdn Global Dynamic Dividend Fund Stock Down 0.2%

Shares of AGD traded down $0.02 during mid-day trading on Wednesday, hitting $11.20. The company’s stock had a trading volume of 11,914 shares, compared to its average volume of 111,620. Abrdn Global Dynamic Dividend Fund has a one year low of $10.41 and a one year high of $12.89. The stock’s 50-day moving average is $11.88 and its two-hundred day moving average is $12.04.

About Abrdn Global Dynamic Dividend Fund

abrdn Global Dynamic Dividend Fund (NYSE: AGD) is a closed-end investment fund that seeks to provide investors with current income and long-term growth of capital. The fund invests primarily in dividend-paying equity securities issued by companies around the world.

Its portfolio may include common stocks, preferred securities, real estate investment trusts and other income-producing investments. The fund uses a flexible, globally diversified approach, allowing it to invest across industries, companies and geographic regions as its investment managers identify opportunities for dividend income and capital appreciation.

The fund was launched in 2006 and was formerly known as Alpine Global Dynamic Dividend Fund before becoming associated with Aberdeen, now abrdn.