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 August 31, 2020 to shareholders of record as of August 21, 2020. The ex-dividend date is August 20, 2020. Shareholders will receive a Form 1099-DIV in January 2021, detailing the amount and composition of distributions for tax purposes. It is important to note that the distribution amount should not be used to judge the Fund's investment performance. Investors should be aware that the Fund's shares may trade above or below the net asset value.

Positive

• Monthly distribution of $0.0575 per share provides income for shareholders.
• Demonstrates ongoing commitment to shareholder returns.

Negative

• Investment returns and principal value will fluctuate, potentially impacting share value.
• No assurance the Fund will achieve its investment objective.

PHILADELPHIA, Aug. 11, 2020 /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 August 31, 2020 to all shareholders of record as of August 21, 2020 (ex-dividend date August 20, 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 Standard Life Investments (Corporate Funds) Ltd.

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

aberdeenaod.com

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SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the dividend amount for AOD in August 2020?

The dividend amount for AOD in August 2020 is $0.0575 per share.

When will the AOD dividend be paid?

The AOD dividend will be paid on August 31, 2020.

What is the ex-dividend date for AOD?

The ex-dividend date for AOD is August 20, 2020.

When will shareholders receive the Form 1099-DIV for AOD?

Shareholders will receive the Form 1099-DIV for AOD in January 2021.

What should shareholders know about the fund's investment performance?

Shareholders should not draw conclusions about the fund's investment performance from the distribution amount.