Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) to Issue $0.10 Monthly Dividend

by · The Markets Daily

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD – Get Free Report) announced a monthly dividend on Monday, January 12th. Investors of record on Friday, January 23rd will be paid a dividend of 0.10 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 11.9%. The ex-dividend date is Friday, January 23rd.

Aberdeen Total Dynamic Dividend Fund Price Performance

NYSE AOD traded down $0.04 during mid-day trading on Tuesday, reaching $10.10. The stock had a trading volume of 670,254 shares, compared to its average volume of 602,432. Aberdeen Total Dynamic Dividend Fund has a 1 year low of $6.99 and a 1 year high of $10.18. The company has a fifty day moving average price of $9.64 and a 200 day moving average price of $9.38.

Aberdeen Total Dynamic Dividend Fund Company Profile

(Get Free Report)

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.

The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.

Read More