Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) announced a monthly distribution of $0.065 per share, set to be paid on October 30, 2020. Shareholders of record as of October 19, 2020 will receive this payment, with an ex-dividend date of October 16, 2020. In January 2021, a Form 1099-DIV will inform shareholders about the distribution's composition for tax purposes. It's important to note that the distribution amount should not be seen as a direct measure of the Fund's investment performance.

Positive

• Monthly distribution of $0.065 per share.
• Payment date set for October 30, 2020, ensuring income for shareholders.

Negative

• No assurance that the Fund will achieve its investment objective.
• Investment return and principal value may fluctuate, impacting share value.

PHILADELPHIA, Oct. 9, 2020 /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 October 30, 2020 to all shareholders of record as of October 19, 2020 (ex-dividend date October 16, 2020).

In January 2021, 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 2020 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 distribution amount for AGD in October 2020?

The distribution amount for AGD is $0.065 per share.

When will AGD's distribution be paid?

The distribution will be paid on October 30, 2020.

What is the record date for AGD's distribution?

The record date for AGD's distribution is October 19, 2020.

What is the ex-dividend date for AGD?

The ex-dividend date for AGD is October 16, 2020.

Will shareholders receive a tax form for AGD distributions?

Yes, a Form 1099-DIV will be sent in January 2021 regarding the distributions.