Abrdn Global Dynamic Dividend Fund (AGD) To Go Ex-Dividend on September 21st

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) declared a monthly dividend on Tuesday, September 12th, Zacks reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 0.065 per share on Friday, September 29th. This represents a $0.78 annualized dividend and a dividend yield of 8.55%. The ex-dividend date of this dividend is Thursday, September 21st.

Abrdn Global Dynamic Dividend Fund Stock Down 0.1 %

Abrdn Global Dynamic Dividend Fund stock opened at $9.12 on Tuesday. The business’s 50-day moving average price is $9.40 and its 200 day moving average price is $9.36. Abrdn Global Dynamic Dividend Fund has a 52 week low of $8.23 and a 52 week high of $10.61.

Institutional Investors Weigh In On Abrdn Global Dynamic Dividend Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its holdings in Abrdn Global Dynamic Dividend Fund by 21.3% during the third quarter. Commonwealth Equity Services LLC now owns 48,856 shares of the company’s stock worth $412,000 after buying an additional 8,578 shares in the last quarter. Clough Capital Partners L P acquired a new stake in shares of Abrdn Global Dynamic Dividend Fund during the 1st quarter valued at about $345,000. Rockefeller Capital Management L.P. increased its stake in shares of Abrdn Global Dynamic Dividend Fund by 9.2% in the 1st quarter. Rockefeller Capital Management L.P. now owns 36,578 shares of the company’s stock valued at $341,000 after purchasing an additional 3,070 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Abrdn Global Dynamic Dividend Fund by 14.8% in the 1st quarter. NewEdge Advisors LLC now owns 30,220 shares of the company’s stock worth $338,000 after purchasing an additional 3,900 shares during the period. Finally, Nations Financial Group Inc. IA ADV purchased a new position in Abrdn Global Dynamic Dividend Fund during the first quarter worth approximately $277,000.

About Abrdn Global Dynamic Dividend Fund

abrdn Global Dynamic Dividend Fund is a mutual fund, closed-end investment trust. It focuses on long-term growth of capital and seeks high current dividend income. The company was founded on May 11, 2006 and is headquartered in Philadelphia, PA.