abrdn Global Premier Properties Fund (AWP) to Issue Monthly Dividend of $0.04 on March 31st

abrdn Global Premier Properties Fund (NYSE:AWP) announced a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.04 per share by the investment management company on Monday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 12.68%. The ex-dividend date is Tuesday, March 25th.

abrdn Global Premier Properties Fund has raised its dividend payment by an average of 0.3% per year over the last three years.

abrdn Global Premier Properties Fund Stock Performance

abrdn Global Premier Properties Fund stock traded down $0.06 on Thursday, hitting $3.79. 177,253 shares of the stock traded hands, compared to its average volume of 321,665. abrdn Global Premier Properties Fund has a 1 year low of $3.51 and a 1 year high of $4.68. The business’s fifty day simple moving average is $3.95 and its 200 day simple moving average is $4.18.

About abrdn Global Premier Properties Fund

Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.