abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) Declares Monthly Dividend of $0.07

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) announced a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be given a dividend of 0.07 per share on Wednesday, July 31st. This represents a $0.84 annualized dividend and a dividend yield of 14.07%. The ex-dividend date of this dividend is Wednesday, July 24th.

abrdn Global Income Fund has raised its dividend payment by an average of 68.9% per year over the last three years.

abrdn Global Income Fund Trading Up 1.0 %

Shares of abrdn Global Income Fund stock traded up $0.06 during trading on Thursday, hitting $5.97. The company’s stock had a trading volume of 48,595 shares, compared to its average volume of 75,273. abrdn Global Income Fund has a 52 week low of $4.73 and a 52 week high of $6.63.

About abrdn Global Income Fund

Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe.