Aberdeen Global Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Global Dynamic Dividend Fund (NYSE: AGD) has announced a distribution of $0.065 per share, set for April 30, 2021. Shareholders of record by April 23, 2021 will be eligible, with the ex-dividend date on April 22, 2021. A Form 1099-DIV will be issued in January 2022 detailing the tax treatment of this distribution for 2021. Investors should be aware that the fund's market value may fluctuate, and past performance does not guarantee future results.

Positive

• Distribution of $0.065 per share reflects confidence in fund management.

Negative

• Fluctuation in market value may affect investor returns.

PHILADELPHIA, April 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 April 30, 2021 to all shareholders of record as of April 23, 2021 (ex-dividend date April 22, 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 April 2021?

The dividend amount for AGD in April 2021 is $0.065 per share.

When will AGD pay its dividend?

AGD will pay its dividend on April 30, 2021.

What is the ex-dividend date for AGD?

The ex-dividend date for AGD is April 22, 2021.

What should shareholders expect in the Form 1099-DIV for AGD?

Shareholders will receive a Form 1099-DIV in January 2022 detailing the amount and composition of distributions and their tax treatment.

How does market fluctuation impact AGD investors?

The market value of AGD shares may fluctuate, potentially affecting the returns for investors.