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

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) declared a monthly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be given a dividend of 0.07 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 27.3%. The ex-dividend date of this dividend is Friday, February 20th.

abrdn Global Income Fund Price Performance

Shares of FCO traded up $0.01 during trading hours on Wednesday, reaching $3.08. 67,606 shares of the company’s stock traded hands, compared to its average volume of 143,385. The business’s fifty day simple moving average is $2.99 and its two-hundred day simple moving average is $3.85. abrdn Global Income Fund has a twelve month low of $2.73 and a twelve month high of $6.77.

About abrdn Global Income Fund

abrdn Global Income Fund (NYSE American: FCO) is a closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. Managed by abrdn’s global investment team, the fund pursues a diversified strategy across both fixed-income and equity markets. It is structured to deliver monthly distributions by combining income-generating securities with active portfolio management and selective use of leverage.

The fund’s core holdings typically include a broad range of global corporate bonds, convertible securities, preferred stocks and high-yield credit.