Abrdn Global Dynamic Dividend Fund Announces — Dividend of $0.11 (NYSE:AGD)

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a — dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.11 per share on Friday, January 10th. This represents a yield of 9.7%. The ex-dividend date is Monday, December 30th.

Abrdn Global Dynamic Dividend Fund Stock Performance

AGD traded down $0.03 during trading on Wednesday, hitting $10.14. 82,073 shares of the company’s stock traded hands, compared to its average volume of 71,381. The company’s 50 day simple moving average is $10.30 and its two-hundred day simple moving average is $10.08. Abrdn Global Dynamic Dividend Fund has a 12-month low of $9.09 and a 12-month high of $10.68.

Abrdn Global Dynamic Dividend Fund Company Profile

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.