Aberdeen Total Dynamic Dividend Fund Announces Monthly Distribution

Rhea-AI Summary

The Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) has announced a monthly distribution of $0.0575 per share, set to be paid on September 30, 2020. Shareholders of record as of September 21, 2020 will receive this payment, with an ex-dividend date of September 18, 2020. A Form 1099-DIV will be sent to shareholders in January 2021 detailing the distribution’s tax composition for the 2020 calendar year. Investors should note that past performance does not guarantee future results, and share values can fluctuate.

Positive

• Monthly distribution of $0.0575 per share expected to enhance shareholder income.

Negative

• No assurance that the Fund will achieve its investment objectives.

PHILADELPHIA, Sept. 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 September 30, 2020 to all shareholders of record as of September 21, 2020 (ex-dividend date September 18, 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 Standard Life Investments (Corporate Funds) Ltd.

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 AOD in September 2020?

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

When will AOD shareholders receive the distribution?

AOD shareholders will receive the distribution on September 30, 2020.

What is the ex-dividend date for AOD?

The ex-dividend date for AOD is September 18, 2020.

When will AOD shareholders receive tax information regarding the distribution?

Shareholders will receive Form 1099-DIV in January 2021.

Is there a risk associated with investing in AOD?

Yes, there is no assurance that the Fund will achieve its investment objectives, and share values may fluctuate.