First Trust/Aberdeen Global Opportunity to Issue Monthly Dividend of $0.08 (NYSE:FAM)

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First Trust/Aberdeen Global Opportunity (NYSE:FAM) declared a monthly dividend on Monday, October 21st, Zacks reports. Investors of record on Monday, November 4th will be given a dividend of 0.077 per share by the financial services provider on Friday, November 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, November 1st.

Shares of FAM traded up $0.02 during trading hours on Wednesday, reaching $10.92. 904 shares of the stock traded hands, compared to its average volume of 35,244. First Trust/Aberdeen Global Opportunity has a 52-week low of $9.05 and a 52-week high of $10.98. The company’s 50-day moving average price is $10.77 and its two-hundred day moving average price is $10.41.

First Trust/Aberdeen Global Opportunity Company Profile

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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Dividend History for First Trust/Aberdeen Global Opportunity (NYSE:FAM)

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