Abrdn Global Dynamic Dividend Fund (NYSE:AGD – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totalling 13,100 shares, a drop of 5.8% from the July 15th total of 13,900 shares. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is currently 0.2 days.
Abrdn Global Dynamic Dividend Fund Stock Performance
NYSE AGD opened at $10.28 on Monday. The company has a fifty day moving average of $9.83 and a two-hundred day moving average of $9.62. Abrdn Global Dynamic Dividend Fund has a 1 year low of $8.20 and a 1 year high of $10.30.
Abrdn Global Dynamic Dividend Fund Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 23rd will be issued a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 12.84%. This is a boost from Abrdn Global Dynamic Dividend Fund’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Friday, August 23rd.
Hedge Funds Weigh In On Abrdn Global Dynamic Dividend Fund
Abrdn Global Dynamic Dividend Fund Company Profile
Abrdn Global Dynamic Dividend Fund is a closed ended equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across all market capitalizations.
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