Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announces a distribution of $0.065 per share, payable on January 8, 2021, to shareholders on record as of December 31, 2020. The ex-dividend date is set for December 30, 2020. A Form 1099-DIV will be issued in January 2021 to detail the distribution's amount, composition, and tax implications for the 2020 calendar year. Investors should note that the distribution amount does not reflect the Fund's overall investment performance.

Positive

• Distribution of $0.065 per share to shareholders
• Confidence in maintaining regular distributions

Negative

• No assurance the Fund will achieve investment objectives
• Investment return and principal value may fluctuate

PHILADELPHIA, Dec. 9, 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 $0.065 per share on January 8, 2021 to all shareholders of record as of December 31, 2020 (ex-dividend date December 30, 2020).

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

FAQ

When is the distribution date for AGD?

The distribution date for AGD is January 8, 2021.

What is the amount of the AGD distribution?

The distribution amount for AGD is $0.065 per share.

What is the ex-dividend date for AGD?

The ex-dividend date for AGD is December 30, 2020.

Will AGD investors receive a tax form for distributions?

Yes, a Form 1099-DIV will be sent to shareholders in January 2021.

Does the distribution amount reflect AGD's investment performance?

No, the distribution amount should not be used to gauge the Fund's investment performance.