Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) has announced a monthly distribution of $0.0575 per share, payable on November 30, 2020. Shareholders of record as of November 20, 2020 will receive this dividend, with an ex-dividend date set for November 19, 2020. A Form 1099-DIV will be sent in January 2021, detailing distribution amounts and tax treatment. Investors are cautioned that this distribution amount does not reflect the fund's investment performance, which can fluctuate.

Positive

• Monthly distribution of $0.0575 per share indicates ongoing income for shareholders.
• Scheduled dividend payments demonstrate the Fund's commitment to returning value to investors.

Negative

• No assurance that the fund will achieve its investment objectives.
• Investment return and principal value of shares may fluctuate, indicating potential risks.

PHILADELPHIA, Nov. 10, 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 November 30, 2020 to all shareholders of record as of November 20, 2020 (ex-dividend date November 19, 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

aberdeenaod.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/aberdeen-total-dynamic-dividend-fund-announces-monthly-distribution-301170305.html

SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the dividend amount for AOD in November 2020?

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

When is the ex-dividend date for AOD?

The ex-dividend date for AOD is November 19, 2020.

What is the payment date for AOD's November 2020 dividend?

The payment date for AOD's November 2020 dividend is November 30, 2020.

How often does AOD pay dividends?

AOD pays monthly dividends.

Will shareholders receive tax information for AOD's dividends?

Yes, shareholders will receive a Form 1099-DIV in January 2021 detailing the amount and tax treatment of distributions.