First Trust/Aberdeen Global Opportunity (NYSE:FAM) announced a monthly dividend on Thursday, March 21st, Wall Street Journal reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.07 per share by the financial services provider on Monday, April 15th. This represents a $0.84 annualized dividend and a yield of 8.37%. The ex-dividend date of this dividend is Monday, April 1st.
First Trust/Aberdeen Global Opportunity has decreased its dividend payment by an average of 8.4% per year over the last three years.
NYSE FAM opened at $10.03 on Friday. First Trust/Aberdeen Global Opportunity has a fifty-two week low of $9.05 and a fifty-two week high of $11.57.
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First Trust/Aberdeen Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities.
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