Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Plans $0.10 Monthly Dividend

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Tuesday, May 13th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of 0.10 per share on Friday, May 30th. This represents a $1.20 dividend on an annualized basis and a yield of 11.71%. The ex-dividend date is Thursday, May 22nd.

Abrdn Global Dynamic Dividend Fund Stock Performance

Shares of AGD stock opened at $10.25 on Tuesday. The company’s 50-day simple moving average is $9.83 and its two-hundred day simple moving average is $10.03. Abrdn Global Dynamic Dividend Fund has a one year low of $8.46 and a one year high of $10.68.

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.