Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) announced a distribution of $0.0575 per share, payable on March 31, 2021, to shareholders of record as of March 24, 2021. The ex-dividend date is March 23, 2021. Shareholders will receive a Form 1099-DIV in January 2022 detailing distribution amounts and tax information for 2021. Investors should note that past performance does not guarantee future results and returns may fluctuate, affecting share value.

Positive

• Distribution of $0.0575 per share indicates ongoing profitability and commitment to shareholders.

Negative

• Investment returns may fluctuate, impacting share value; past performance does not predict future results.

PHILADELPHIA, March 9, 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 March 31, 2021 to all shareholders of record as of March 24, 2021 (ex-dividend date March 23, 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

aberdeenaod.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/aberdeen-total-dynamic-dividend-fund-announces-monthly-distribution-301243863.html

SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the dividend amount for AOD in March 2021?

The dividend amount for AOD in March 2021 is $0.0575 per share.

When will AOD pay its dividend?

AOD will pay its dividend on March 31, 2021.

When is the ex-dividend date for AOD?

The ex-dividend date for AOD is March 23, 2021.

What should shareholders expect in January 2022 regarding AOD?

In January 2022, shareholders will receive a Form 1099-DIV detailing the amount and tax treatment of distributions.