First Trust/Aberdeen Global Opportunity (NYSE:FAM) announced a monthly dividend on Friday, October 20th, Wall Street Journal reports. Investors of record on Thursday, November 2nd will be given a dividend of 0.075 per share by the financial services provider on Wednesday, November 15th. This represents a $0.90 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date is Wednesday, November 1st.
First Trust/Aberdeen Global Opportunity has decreased its dividend payment by an average of 16.8% annually over the last three years.
Shares of First Trust/Aberdeen Global Opportunity (NYSE:FAM) opened at 11.43 on Friday. The company has a 50-day moving average of $11.77 and a 200-day moving average of $11.79. First Trust/Aberdeen Global Opportunity has a 1-year low of $10.29 and a 1-year high of $12.15.
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First Trust/Aberdeen Global Opportunity Company Profile
First Trust/Aberdeen Global Opportunity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues these objectives by investing its Managed Assets in the world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities.
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