Abrdn Global Dynamic Dividend Fund (NYSE:AGD) to Issue Monthly Dividend of $0.12

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Tuesday, November 11th. Stockholders of record on Friday, November 21st will be paid a dividend of 0.12 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date is Friday, November 21st. This is a 9.1% increase from Abrdn Global Dynamic Dividend Fund’s previous monthly dividend of $0.11.

Abrdn Global Dynamic Dividend Fund Stock Up 0.4%

Shares of NYSE:AGD traded up $0.05 during trading hours on Wednesday, hitting $11.61. 88,966 shares of the company’s stock traded hands, compared to its average volume of 135,425. Abrdn Global Dynamic Dividend Fund has a 1 year low of $8.46 and a 1 year high of $13.98. The business has a fifty day moving average price of $12.36 and a 200-day moving average price of $11.40.

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.