abrdn Global Premier Properties Fund to Issue Monthly Dividend of $0.04 (NYSE:AWP)

abrdn Global Premier Properties Fund (NYSE:AWP) announced a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.04 per share by the investment management company on Monday, March 31st. This represents a $0.48 dividend on an annualized basis and a yield of 12.48%. The ex-dividend date of this dividend is Tuesday, March 25th.

abrdn Global Premier Properties Fund has raised its dividend payment by an average of 0.3% per year over the last three years.

abrdn Global Premier Properties Fund Stock Performance

Shares of AWP traded up $0.05 during mid-day trading on Wednesday, reaching $3.85. The stock had a trading volume of 312,711 shares, compared to its average volume of 321,876. The business has a fifty day moving average of $3.95 and a 200 day moving average of $4.18. abrdn Global Premier Properties Fund has a 12 month low of $3.51 and a 12 month high of $4.68.

abrdn Global Premier Properties Fund Company Profile

Abrdn Global Premier Properties Fund is a closed-end 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 real estate sectors. It invests in value stocks of companies.