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

Abrdn Global Dynamic Dividend Fund (NYSE:AGDGet Free Report) declared a monthly dividend on Tuesday, April 9th, Zacks reports. Stockholders of record on Tuesday, April 23rd will be given a dividend of 0.065 per share on Tuesday, April 30th. This represents a $0.78 annualized dividend and a dividend yield of 8.52%. The ex-dividend date of this dividend is Monday, April 22nd.

Abrdn Global Dynamic Dividend Fund Trading Down 0.2 %

NYSE:AGD opened at $9.15 on Friday. Abrdn Global Dynamic Dividend Fund has a fifty-two week low of $8.20 and a fifty-two week high of $9.78. The business’s 50-day simple moving average is $9.48 and its 200-day simple moving average is $9.18.

Hedge Funds Weigh In On Abrdn Global Dynamic Dividend Fund

Several institutional investors have recently modified their holdings of AGD. NewEdge Advisors LLC lifted its holdings in shares of Abrdn Global Dynamic Dividend Fund by 14.8% during the 1st quarter. NewEdge Advisors LLC now owns 30,220 shares of the company’s stock valued at $338,000 after purchasing an additional 3,900 shares in the last quarter. Royal Bank of Canada lifted its stake in Abrdn Global Dynamic Dividend Fund by 8.4% in the 1st quarter. Royal Bank of Canada now owns 45,650 shares of the company’s stock valued at $511,000 after acquiring an additional 3,526 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Abrdn Global Dynamic Dividend Fund by 22.3% in the 1st quarter. Advisors Asset Management Inc. now owns 634,758 shares of the company’s stock valued at $7,109,000 after acquiring an additional 115,786 shares in the last quarter. UBS Group AG lifted its stake in Abrdn Global Dynamic Dividend Fund by 6.3% in the 2nd quarter. UBS Group AG now owns 141,713 shares of the company’s stock valued at $1,328,000 after acquiring an additional 8,424 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Abrdn Global Dynamic Dividend Fund by 21.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 48,856 shares of the company’s stock valued at $412,000 after acquiring an additional 8,578 shares in the last quarter.

About Abrdn Global Dynamic Dividend Fund

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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.

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Dividend History for Abrdn Global Dynamic Dividend Fund (NYSE:AGD)

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