Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution
Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announced a distribution of $0.065 per share payable on November 30, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announced a distribution of $0.065 per share payable on November 30, 2020. Shareholders of record as of November 20, 2020 will receive this dividend, with the ex-dividend date set for November 19, 2020. A Form 1099-DIV will be sent in January 2021 detailing the amount and composition of distributions for tax purposes. Investors should note that past performance does not guarantee future results, and the fund's value may fluctuate.
Positive
- Dividend distribution of $0.065 per share supports shareholder income.
Negative
- No assurance of achieving investment objectives; shares may trade below NAV.
Details
News Market Reaction – AGD
The recorded move for AGD in the trading session of this news was +1.06%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
PHILADELPHIA, Nov. 10, 2020 /PRNewswire/ -- Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) (the "Fund"), a closed-end fund, announced today that it will pay a distribution of US
In January 2021, 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 2020 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
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