First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM) Announces $0.06 Monthly Dividend

First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM) announced a monthly dividend on Monday, July 22nd, Wall Street Journal reports. Investors of record on Thursday, August 1st will be given a dividend of 0.06 per share by the financial services provider on Thursday, August 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.21%. The ex-dividend date of this dividend is Thursday, August 1st.

First Trust/Abrdn Global Opportunity Income Fund Stock Up 0.4 %

FAM stock opened at $6.43 on Wednesday. First Trust/Abrdn Global Opportunity Income Fund has a fifty-two week low of $5.38 and a fifty-two week high of $6.67. The firm’s 50-day simple moving average is $6.39 and its 200 day simple moving average is $6.38.

First Trust/Abrdn Global Opportunity Income Fund Company Profile

First Trust/Abrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities.