Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Plans Dividend Increase – $0.11 Per Share

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Wednesday, June 11th, Wall Street Journal reports. Shareholders of record on Monday, June 23rd will be paid a dividend of 0.11 per share on Monday, June 30th. This represents a $1.32 annualized dividend and a yield of 12.45%. The ex-dividend date of this dividend is Monday, June 23rd. This is a 10.0% increase from Abrdn Global Dynamic Dividend Fund’s previous monthly dividend of $0.10.

Abrdn Global Dynamic Dividend Fund Stock Performance

Shares of NYSE AGD opened at $10.60 on Friday. Abrdn Global Dynamic Dividend Fund has a 52-week low of $8.46 and a 52-week high of $10.70. The firm has a 50 day moving average price of $10.15 and a two-hundred day moving average price of $10.07.

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.