Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution
Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) will distribute US $0.065 per share on September 30, 2020, to shareholders of record as of September 21, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) will distribute US $0.065 per share on September 30, 2020, to shareholders of record as of September 21, 2020. The ex-dividend date is September 18, 2020. A Form 1099-DIV will be issued in January 2021, detailing the distribution amount and tax implications for the 2020 calendar year. Investors are warned not to infer the Fund's performance from this distribution, as closed-end fund shares can fluctuate in value.
Positive
- Distribution of $0.065 per share indicates ongoing returns to shareholders.
- Timely communication of tax implications with Form 1099-DIV.
Negative
- Investors may experience fluctuations in share value, impacting perceived returns.
- No assurance of achieving investment objectives, indicating potential risk.
Details
News Market Reaction – AGD
The recorded move for AGD in the trading session of this news was +0.11%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
PHILADELPHIA, Sept. 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 Standard Life Investments (Corporate Funds) Ltd.
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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