Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

The Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) announced a distribution of $0.0575 per share, payable on October 30, 2020, to shareholders of record by October 19, 2020 (ex-dividend date October 16, 2020). A Form 1099-DIV will be issued in January 2021, detailing the distribution amount, composition, and tax treatment for the 2020 calendar year. Investors should note that the distribution amount does not reflect the Fund's investment performance, and value may fluctuate based on market conditions.

Positive

• Distribution of $0.0575 per share signifies ongoing returns to shareholders.
• Continuity in dividend payments reflects the Fund's commitment to shareholder income.

Negative

• Investors are cautioned that past performance does not guarantee future results.
• The Fund's value may fluctuate, potentially impacting shareholder investment.

PHILADELPHIA, Oct. 9, 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 October 30, 2020 to all shareholders of record as of October 19, 2020 (ex-dividend date October 16, 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

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SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the dividend amount for Aberdeen Total Dynamic Dividend Fund (AOD)?

The dividend amount is $0.0575 per share.

When is the dividend payment date for AOD?

The dividend payment date is October 30, 2020.

What is the ex-dividend date for the AOD distribution?

The ex-dividend date is October 16, 2020.

When will shareholders receive the 1099-DIV form?

Shareholders will receive the 1099-DIV form in January 2021.

Is the dividend from AOD sustainable?

While the distribution signifies ongoing returns, sustainability is not guaranteed and depends on the Fund's performance.