Keep Your Eyes on Stock News: Aberdeen Total Dynamic Dividend Fund (NYSE:AOD)
On Tuesday Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) traded with change of -0.46% on volume of 348973 shares in the last session as compared to average volume of 250247 shares. During last trade its minimum price was $8.58 and it gained highest price of $8.65. AOD has total market capitalization of $917739863. Its closing value stands at $8.61.
Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) a closed-end fund, disclosed that it will pay a distribution of US $0.0575 per share on January 10, 2020 to all shareholders of record as of December 31, 2019 (ex-dividend date December 30, 2019).
In January 2020, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2019 calendar year.
You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution.
In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Standard Life Investments (Corporate Funds) Ltd.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.
Roy Frigo an avid economist and an expert on global politics and economic pressures that can affect market conditions. He has a Masters Degree in Economics from Westminster University with previous roles including Investment Banking.
Email: [email protected]analystsbuzz.com
Address: 1316 Stephens Town Road, Linden, TN 37096 USA
Zip code: 37096