Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) to Issue Monthly Dividend of $0.06

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) declared a monthly dividend on Tuesday, September 12th, Zacks reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 0.058 per share by the investment management company on Friday, September 29th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.84%. The ex-dividend date is Thursday, September 21st. This is an increase from Aberdeen Total Dynamic Dividend Fund’s previous monthly dividend of $0.06.

Aberdeen Total Dynamic Dividend Fund Stock Performance

AOD opened at $7.87 on Tuesday. Aberdeen Total Dynamic Dividend Fund has a fifty-two week low of $6.87 and a fifty-two week high of $8.55. The company’s 50-day moving average is $8.10 and its 200 day moving average is $8.09.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP bought a new stake in Aberdeen Total Dynamic Dividend Fund during the fourth quarter worth $139,000. Jane Street Group LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the 3rd quarter worth $134,000. Lido Advisors LLC purchased a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the first quarter valued at about $132,000. Atria Wealth Solutions Inc. bought a new position in shares of Aberdeen Total Dynamic Dividend Fund during the first quarter valued at about $131,000. Finally, Virtu Financial LLC purchased a new position in Aberdeen Total Dynamic Dividend Fund during the fourth quarter worth about $130,000.