First Trust/Aberdeen Global Opportunity (NYSE:FAM) announced a monthly dividend on Tuesday, May 21st, Wall Street Journal reports. Stockholders of record on Tuesday, June 4th will be paid a dividend of 0.07 per share by the financial services provider on Monday, June 17th. This represents a $0.84 annualized dividend and a dividend yield of 8.60%. The ex-dividend date is Monday, June 3rd.

First Trust/Aberdeen Global Opportunity has decreased its dividend by an average of 8.4% per year over the last three years.

FAM stock traded down $0.04 during midday trading on Tuesday, hitting $9.77. The stock had a trading volume of 309,400 shares, compared to its average volume of 32,063. First Trust/Aberdeen Global Opportunity has a 52 week low of $9.05 and a 52 week high of $10.50.

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About First Trust/Aberdeen Global Opportunity

First Trust/Aberdeen Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities.

See Also: Green Investing

Dividend History for First Trust/Aberdeen Global Opportunity (NYSE:FAM)

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