abrdn Global Income Fund, Inc. Announces Distribution Payment Details
abrdn Global Income Fund, Inc. (NYSE American:FCO) has announced a distribution payment of $0.07 per share, payable on September 30, 2024, to shareholders of record as of September 23, 2024. The ex-dividend date is also September 23, 2024. The Fund's shares are currently trading at a premium to net asset value, which the Board of Directors believes may not be sustainable. Shareholders participating in the dividend reinvestment plan should note that reinvestment occurs at a premium to net asset value at the current market price. The Fund's distribution policy is subject to modification by the Board of Directors, and past performance does not guarantee future results.
abrdn Global Income Fund, Inc. (NYSE American:FCO) ha annunciato un pagamento di distribuzione di $0,07 per azione, che sarà pagato il 30 settembre 2024, agli azionisti registrati al 23 settembre 2024. La data di stacco del dividendo è anch'essa il 23 settembre 2024. Le azioni del Fondo stanno attualmente negoziando a un premio rispetto al valore netto degli attivi, che il Consiglio di Amministrazione ritiene possa non essere sostenibile. Gli azionisti che partecipano al piano di reinvestimento dei dividendi devono notare che il reinvestimento avviene a un premio rispetto al valore netto degli attivi al prezzo di mercato attuale. La politica di distribuzione del Fondo è soggetta a modifica da parte del Consiglio di Amministrazione e le performance passate non garantiscono risultati futuri.
abrdn Global Income Fund, Inc. (NYSE American:FCO) ha anunciado un pago de distribución de $0.07 por acción, que se pagará el 30 de septiembre de 2024, a los accionistas registrados a partir del 23 de septiembre de 2024. La fecha ex-dividendo también es el 23 de septiembre de 2024. Las acciones del Fondo se están negociando actualmente a un premio sobre el valor neto de los activos, lo que el Consejo de Administración considera que podría no ser sostenible. Los accionistas que participan en el plan de reinversión de dividendos deben tener en cuenta que la reinversión se realiza a un precio superior al valor neto de los activos en el precio de mercado actual. La política de distribución del Fondo está sujeta a modificaciones por parte del Consejo de Administración y el rendimiento pasado no garantiza resultados futuros.
abrdn Global Income Fund, Inc. (NYSE American:FCO)는 배당금 지급을 주당 $0.07로 발표하였으며, 이는 2024년 9월 30일에 지급되며, 2024년 9월 23일 기준의 주주에게 해당됩니다. 배당락일은 또한 2024년 9월 23일입니다. 기금의 주식은 현재 순자산 가치에 대한 프리미엄으로 거래되고 있으며, 이사회는 이것이 지속 가능하지 않을 수 있다고 믿습니다. 배당금 재투자 플랜에 참여하는 주주들은 재투자가 현재 시장 가격의 순자산 가치에 대한 프리미엄으로 발생한다는 점을 유의해야 합니다. 기금의 배당 정책은 이사회의 수정 대상이며, 과거 실적은 미래 결과를 보장하지 않습니다.
abrdn Global Income Fund, Inc. (NYSE American:FCO) a annoncé un paiement de distribution de 0,07 $ par action, payable le 30 septembre 2024, aux actionnaires enregistrés au 23 septembre 2024. La date de détachement du dividende est également le 23 septembre 2024. Les actions du Fonds se négocient actuellement à une prime par rapport à la valeur nette d'inventaire, que le Conseil d'administration pense ne pas être durable. Les actionnaires participant au plan de réinvestissement des dividendes doivent noter que le réinvestissement se fait à une prime par rapport à la valeur nette d'inventaire au prix du marché actuel. La politique de distribution du Fonds est sujette à modification par le Conseil d'administration, et les performances passées ne garantissent pas des résultats futurs.
abrdn Global Income Fund, Inc. (NYSE American:FCO) hat eine Verteilungsauszahlung von 0,07 $ pro Aktie angekündigt, die am 30. September 2024 an die am 23. September 2024 registrierten Aktionäre ausgezahlt wird. Das Ex-Dividenden-Datum ist ebenfalls der 23. September 2024. Die Anteile des Fonds werden derzeit mit einem Aufschlag auf den Nettoinventarwert gehandelt, von dem der Vorstand glaubt, dass er möglicherweise nicht nachhaltig ist. Aktionäre, die am Dividenden-Reinvestitionsplan teilnehmen, sollten beachten, dass die Reinvestition zu einem Aufschlag auf den Nettoinventarwert zum aktuellen Marktpreis erfolgt. Die Ausschüttungspolitik des Fonds unterliegt Änderungen durch den Vorstand, und frühere Leistungen garantieren keine zukünftigen Ergebnisse.
- Distribution payment of $0.07 per share announced
- Shares trading at a premium to net asset value
- Board believes current premium to net asset value may not be sustainable
- Dividend reinvestment occurs at a premium to net asset value
PHILADELPHIA, PA / ACCESSWIRE / September 11, 2024 / abrdn Global Income Fund, Inc (NYSE American:FCO) (the "Fund"), a closed-end fund, today announced it will pay on September 30, 2024, a distribution of US
At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the Fund's distributions and provide information with respect to their appropriate tax treatment for the prior calendar year.
The Fund's distribution policy is subject to modification by the Fund's Board of Directors at any time, and there can be no guarantee that the policy will continue. You should not draw any conclusions about any of these Funds' investment performance from the amount of the distributions.
The Fund's shares are currently trading at a premium to net asset value. The Board of Directors believes that the premium at which the Fund shares trade relative to net asset value is not likely to be sustainable. Shareholders participating in the Fund's dividend reinvestment plan should note that at the current market price, the reinvestment of distributions occurs at a premium to net asset value.
Circular 230 disclosure: To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
In the United States, abrdn is the marketing name for the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.
Closed-end funds are traded on the secondary market through one of the stock exchanges. A 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 a Fund will achieve its investment objective. Past performance does not guarantee future results.
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For More Information Contact:
abrdn U.S. Closed-End Funds
Investor Relations
1-800-522-5465
Investor.Relations@abrdn.com
SOURCE: abrdn Global Income Fund, Inc.
View the original press release on accesswire.com
FAQ
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