Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Alpine Global Dynamic Dividend Fund (AGD) Stock Price
Headlines about Alpine Global Dynamic Dividend Fund (NYSE:AGD) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alpine Global Dynamic Dividend Fund earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.2160595614084 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Alpine Global Dynamic Dividend Fund (NYSE AGD) traded up $0.05 during mid-day trading on Monday, reaching $11.12. 77,800 shares of the company traded hands, compared to its average volume of 50,100. Alpine Global Dynamic Dividend Fund has a one year low of $9.02 and a one year high of $11.14.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th will be given a dividend of $0.065 per share. This represents a $0.78 annualized dividend and a yield of 7.01%. The ex-dividend date is Tuesday, January 23rd.
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Alpine Global Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current dividend income, more than 50% of which qualifies for the reduced Federal income tax rates created by the Jobs and Growth Tax Relief Reconciliation Act of 2003.
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