Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Declares $0.06 Monthly Dividend

Aberdeen Total Dynamic Dividend Fund (NYSE:AODGet Rating) declared a monthly dividend on Monday, April 11th, Zacks reports. Stockholders of record on Friday, April 22nd will be given a dividend of 0.058 per share by the investment management company on Friday, April 29th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date is Thursday, April 21st.

Shares of NYSE:AOD opened at $9.46 on Tuesday. The business has a 50 day simple moving average of $9.49. Aberdeen Total Dynamic Dividend Fund has a 52 week low of $8.80 and a 52 week high of $10.50.

Several institutional investors and hedge funds have recently added to or reduced their stakes in AOD. Parametric Portfolio Associates LLC lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 0.3% during the 4th quarter. Parametric Portfolio Associates LLC now owns 11,749,108 shares of the investment management company’s stock worth $120,076,000 after purchasing an additional 33,093 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Aberdeen Total Dynamic Dividend Fund by 6.9% during the fourth quarter. Stifel Financial Corp now owns 214,160 shares of the investment management company’s stock valued at $2,189,000 after buying an additional 13,909 shares during the last quarter. Strategic Wealth Advisors Group LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the 4th quarter valued at about $900,000. NewEdge Advisors LLC purchased a new position in shares of Aberdeen Total Dynamic Dividend Fund in the 4th quarter worth approximately $408,000. Finally, Cetera Investment Advisers raised its stake in shares of Aberdeen Total Dynamic Dividend Fund by 6.5% during the 4th quarter. Cetera Investment Advisers now owns 30,014 shares of the investment management company’s stock worth $307,000 after acquiring an additional 1,823 shares in the last quarter.

Further Reading

Dividend History for Aberdeen Total Dynamic Dividend Fund (NYSE:AOD)

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