Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) has announced a monthly distribution of $0.065 per share, payable on February 26, 2021. Shareholders of record as of February 19, 2021 will receive this distribution, with the ex-dividend date set for February 18, 2021. A Form 1099-DIV detailing the distribution amounts and tax implications will be sent to shareholders in January 2022. Investors are cautioned that past performance does not guarantee future results and that share values may fluctuate.

Positive

• Monthly distribution of $0.065 per share is beneficial for income-focused investors.
• The timely communication of distribution details supports shareholder transparency.

Negative

• The Fund's share price may fluctuate, impacting investor returns.
• Past performance guarantees no future results, indicating potential investment risks.

PHILADELPHIA, Feb. 9, 2021 /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 February 26, 2021 to all shareholders of record as of February 19, 2021 (ex-dividend date February 18, 2021).

In January 2022, 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 2021 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

What is the dividend amount for Aberdeen Global Dynamic Dividend Fund (AGD)?

The dividend amount for AGD is $0.065 per share.

When will the dividend for AGD be paid?

The dividend will be paid on February 26, 2021.

What is the ex-dividend date for AGD?

The ex-dividend date for AGD is February 18, 2021.

When will shareholders receive the Form 1099-DIV?

Shareholders will receive the Form 1099-DIV in January 2022.

Are past performances of AGD indicative of future results?

No, past performance does not guarantee future results for AGD.