Abrdn Global Dynamic Dividend Fund (NYSE:AGD) to Issue Monthly Dividend of $0.07

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Friday, May 10th, Wall Street Journal reports. Investors of record on Thursday, May 23rd will be given a dividend of 0.065 per share on Friday, May 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Abrdn Global Dynamic Dividend Fund Stock Performance

NYSE AGD opened at $9.64 on Friday. Abrdn Global Dynamic Dividend Fund has a 1-year low of $8.20 and a 1-year high of $9.78. The business has a 50 day simple moving average of $9.48 and a two-hundred day simple moving average of $9.27.

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.