Abrdn Global Dynamic Dividend Fund (NYSE:AGD – Get Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 37,252 shares, a decline of 85.7% from the July 15th total of 260,800 shares. Based on an average trading volume of 162,057 shares, the short-interest ratio is presently 0.2 days.
Abrdn Global Dynamic Dividend Fund Trading Up 0.5%
NYSE:AGD traded up $0.07 during trading hours on Friday, reaching $12.45. The company had a trading volume of 50,443 shares, compared to its average volume of 118,996. Abrdn Global Dynamic Dividend Fund has a twelve month low of $10.41 and a twelve month high of $13.98. The business’s 50-day simple moving average is $12.15 and its two-hundred day simple moving average is $12.11.
Abrdn Global Dynamic Dividend Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a $0.12 dividend. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 11.6%.
Institutional Inflows and Outflows
Abrdn Global Dynamic Dividend Fund Company Profile
Abrdn Global Dynamic Dividend Fund (NYSE: AGD) is a closed-end investment company that seeks to deliver a high level of current income along with the potential for capital appreciation. Managed by abrdn Investment Management Limited, the fund employs an active, research-driven approach to build a diversified portfolio of equity securities issued by companies around the world that demonstrate sustainable dividend payment histories.
The fund’s investment strategy combines top-down macroeconomic insights with bottom-up company analysis.
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