abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) Announces Monthly Dividend of $0.07

by · The Markets Daily

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) declared a monthly dividend on Monday, January 12th. Investors of record on Friday, January 23rd will be paid a dividend of 0.07 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 28.5%. The ex-dividend date of this dividend is Friday, January 23rd.

abrdn Global Income Fund Stock Performance

Shares of FCO stock remained flat at $2.95 during trading hours on Tuesday. 92,995 shares of the stock traded hands, compared to its average volume of 99,598. The stock has a 50-day moving average price of $2.93 and a two-hundred day moving average price of $4.33. abrdn Global Income Fund has a 1 year low of $2.73 and a 1 year high of $6.77.

About abrdn Global Income Fund

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abrdn Global Income Fund (NYSE American: FCO) is a closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. Managed by abrdn’s global investment team, the fund pursues a diversified strategy across both fixed-income and equity markets. It is structured to deliver monthly distributions by combining income-generating securities with active portfolio management and selective use of leverage.

The fund’s core holdings typically include a broad range of global corporate bonds, convertible securities, preferred stocks and high-yield credit.

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