Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announced a monthly distribution of $0.065 per share, scheduled for payment on March 31, 2021.

Rhea-AI Summary

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announced a monthly distribution of $0.065 per share, scheduled for payment on March 31, 2021. Shareholders of record by March 24, 2021 will receive this distribution, with an ex-dividend date on March 23, 2021. A Form 1099-DIV will be sent in January 2022 detailing the amount and composition of the distributions for tax purposes. It's important to note that the fund's distribution amount does not reflect its investment performance.

Positive

• Distribution of $0.065 per share enhances income for shareholders.

Negative

• Investment returns and principal value may fluctuate, leading to potential losses for investors.

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PHILADELPHIA, March 9, 2021 /PRNewswire/ -- Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) (the "Fund"), a closed-end fund, announced today that it will pay a distribution of US $0.065 per share on March 31, 2021 to all shareholders of record as of March 24, 2021 (ex-dividend date March 23, 2021).

In January 2022, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2021 calendar year.   

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution. 

In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers:  Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.

If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com

aberdeenagd.com

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SOURCE Aberdeen Global Dynamic Dividend Fund

FAQ

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What is the distribution amount for AGD in March 2021?

Aberdeen Global Dynamic Dividend Fund will distribute $0.065 per share on March 31, 2021.

When is the ex-dividend date for AGD?

The ex-dividend date for AGD is March 23, 2021.

Who is eligible for the AGD distribution?

Shareholders of record as of March 24, 2021, are eligible for the AGD distribution.

When will shareholders receive the Form 1099-DIV for AGD?

Shareholders will receive the Form 1099-DIV in January 2022.

What should investors consider about AGD's distribution?

Investors should note that the distribution amount does not indicate the fund's investment performance.