Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Increases Dividend to $0.11 Per Share

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) declared a monthly dividend on Tuesday, June 9th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.11 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 13.0%. The ex-dividend date is Tuesday, June 23rd. This is a 10.0% increase from Aberdeen Total Dynamic Dividend Fund’s previous monthly dividend of $0.10.

Aberdeen Total Dynamic Dividend Fund Stock Performance

Shares of NYSE:AOD opened at $10.17 on Wednesday. Aberdeen Total Dynamic Dividend Fund has a 52 week low of $8.51 and a 52 week high of $10.77. The company has a 50-day moving average price of $10.12 and a 200 day moving average price of $9.97.

Aberdeen Total Dynamic Dividend Fund Company Profile

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.

The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.