Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) announced a monthly distribution of $0.0575 per share, payable on January 29, 2021, to shareholders of record as of January 22, 2021. The ex-dividend date is set for January 21, 2021. A Form 1099-DIV will be sent to shareholders in January 2022, detailing the distribution amount and tax implications for 2021. Investors should note that the distribution amount does not reflect the fund's investment performance, and the value of shares may fluctuate. There is no assurance the fund will achieve its investment goals.

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PHILADELPHIA, Jan. 12, 2021 /PRNewswire/ -- Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) (the "Fund"), a closed-end fund, announced today that it will pay a distribution of US $0.0575 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 sharehlders, 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

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SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the distribution amount for AOD in January 2021?

The distribution amount for Aberdeen Total Dynamic Dividend Fund (AOD) in January 2021 is $0.0575 per share.

When will AOD's distribution be paid?

AOD's distribution will be paid on January 29, 2021.

What is the record date for AOD's January 2021 distribution?

The record date for AOD's January 2021 distribution is January 22, 2021.

What is the ex-dividend date for AOD's January 2021 distribution?

The ex-dividend date for AOD's January 2021 distribution is January 21, 2021.

When will AOD shareholders receive Form 1099-DIV?

AOD shareholders will receive Form 1099-DIV in January 2022.