Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) to Issue $0.11 Monthly Dividend

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) declared a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be paid a dividend of 0.11 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date is Thursday, July 23rd.

Aberdeen Total Dynamic Dividend Fund Price Performance

AOD stock opened at $10.49 on Tuesday. Aberdeen Total Dynamic Dividend Fund has a 52-week low of $8.76 and a 52-week high of $10.77. The company’s 50-day simple moving average is $10.38 and its 200-day simple moving average is $10.10.

About Aberdeen Total Dynamic Dividend Fund

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.