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 April 30, 2021. Shareholders of record as of April 23, 2021 will be eligible, with an ex-dividend date on April 22, 2021. A Form 1099-DIV will be sent in January 2022 for tax reporting of distributions. Investors should note that past performance does not guarantee future results, and share values may fluctuate.

Positive

• Distribution of $0.0575 per share demonstrates confidence in ongoing income for shareholders.

Negative

• Investors are cautioned that past performance does not guarantee future results.
• The Fund's investment return and principal value may fluctuate.

PHILADELPHIA, April 12, 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 April 30, 2021 to all shareholders of record as of April 23, 2021 (ex-dividend date April 22, 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

 

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SOURCE Aberdeen Total Dynamic Dividend Fund

FAQ

What is the dividend amount announced by AOD?

Aberdeen Total Dynamic Dividend Fund announced a dividend amount of $0.0575 per share.

When is the dividend payment for AOD?

The dividend payment for AOD is scheduled for April 30, 2021.

What is the ex-dividend date for AOD?

The ex-dividend date for AOD is April 22, 2021.

When will shareholders receive the tax information for AOD distributions?

Shareholders will receive a Form 1099-DIV in January 2022 for tax reporting on the 2021 distributions.

Is there a risk involved with AOD shares?

Yes, AOD shares may trade at a premium or discount to net asset value, and there is no assurance that investment objectives will be achieved.