Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Announces $0.07 Monthly Dividend

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) announced a monthly dividend on Thursday, July 11th, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be given a dividend of 0.065 per share on Wednesday, July 31st. This represents a $0.78 annualized dividend and a dividend yield of 7.82%. The ex-dividend date is Wednesday, July 24th.

Abrdn Global Dynamic Dividend Fund Stock Performance

Shares of AGD stock remained flat at $9.98 during trading hours on Thursday. 116,120 shares of the stock traded hands, compared to its average volume of 58,927. Abrdn Global Dynamic Dividend Fund has a twelve month low of $8.20 and a twelve month high of $10.05. The firm has a 50 day moving average price of $9.68 and a 200-day moving average price of $9.50.

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.