Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) announced a monthly distribution of US $0.0575 per share, payable on February 26, 2021. Shareholders of record by February 19, 2021 will receive this dividend, with the ex-dividend date set for February 18, 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 past performance does not guarantee future results.

Positive

• Monthly dividend payment of $0.0575 enhances shareholder income.
• Clear communication regarding tax treatment and distribution details.

Negative

• Past performance does not guarantee future results, indicating potential risks.
• Investment returns and principal may fluctuate, leading to possible losses for investors.

PHILADELPHIA, Feb. 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 February 26, 2021 to all shareholders of record as of February 19, 2021 (ex-dividend date February 18, 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-301225182.html

SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the dividend payment for AOD in February 2021?

The dividend payment for AOD in February 2021 is $0.0575 per share.

When is the ex-dividend date for AOD?

The ex-dividend date for AOD is February 18, 2021.

Who receives the dividend payment from AOD?

Shareholders of record as of February 19, 2021, will receive the dividend payment.

When will AOD's shareholders receive their Form 1099-DIV?

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

Does the AOD dividend guarantee future performance?

No, past performance does not guarantee future results for AOD.