Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

The Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) has announced a monthly distribution of $0.065 per share, scheduled for payment on January 29, 2021. Shareholders of record as of January 22, 2021 will receive this dividend, with the ex-dividend date set for January 21, 2021. A Form 1099-DIV will be issued in January 2022 to detail the amount and tax implications of the distributions for the 2021 calendar year. Investors should be aware that the Fund's performance may fluctuate and there is no guarantee of achieving investment objectives.

Positive

• Monthly distribution of $0.065 per share boosts income for shareholders.
• Investment returns and NAV fluctuations may provide opportunities for growth.

Negative

• Share prices may trade below the NAV, posing potential risks for investors.
• No assurance provided regarding the achievement of investment objectives.

PHILADELPHIA, Jan. 12, 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 January 29, 2021 to all shareholders of record as of January 22, 2021 (ex-dividend date January 21, 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 AGD in January 2021?

The dividend amount for AGD is $0.065 per share.

When will the AGD dividend be paid?

The AGD dividend will be paid on January 29, 2021.

What is the record date for AGD's January 2021 dividend?

The record date for AGD's January 2021 dividend is January 22, 2021.

What is the ex-dividend date for AGD?

The ex-dividend date for AGD is January 21, 2021.

When will Form 1099-DIV be sent to AGD shareholders?

Form 1099-DIV will be sent in January 2022.