abrdn Global Premier Properties Fund Declares Monthly Dividend of $0.12 (NYSE:AWP)

abrdn Global Premier Properties Fund (NYSE:AWP) declared a monthly dividend on Tuesday, February 10th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.12 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend is Friday, February 20th.

abrdn Global Premier Properties Fund Stock Performance

Shares of AWP stock traded up $0.08 during mid-day trading on Wednesday, reaching $12.18. 114,271 shares of the company’s stock traded hands, compared to its average volume of 139,171. The company’s 50-day moving average price is $11.71 and its 200-day moving average price is $11.74. abrdn Global Premier Properties Fund has a 12 month low of $9.81 and a 12 month high of $12.21.

abrdn Global Premier Properties Fund Company Profile

abrdn Global Premier Properties Fund (NYSE: AWP) is a publicly traded, closed-end investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund is managed by abrdn plc, a global asset manager, and primarily invests in equity and debt securities of real estate companies and real estate investment trusts (REITs) worldwide. By trading its shares on the New York Stock Exchange, AWP offers investors access to a diversified portfolio of real estate assets without the need to directly acquire or manage physical properties.

The fund’s investment strategy emphasizes bottom-up security selection, targeting companies that offer attractive dividend yields, earnings growth potential and stable cash flows.