First Trust/Abrdn Global Opportunity Income Fund (NYSE:FAM – Get Free Report) announced a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Investors of record on Thursday, May 2nd will be paid a dividend of 0.06 per share by the financial services provider on Wednesday, May 15th. This represents a $0.72 annualized dividend and a yield of 11.23%. The ex-dividend date of this dividend is Wednesday, May 1st.
First Trust/Abrdn Global Opportunity Income Fund has decreased its dividend by an average of 11.7% annually over the last three years and has increased its dividend every year for the last 1 years.
First Trust/Abrdn Global Opportunity Income Fund Price Performance
Shares of FAM opened at $6.41 on Wednesday. The business has a 50-day moving average of $6.43 and a 200 day moving average of $6.13. First Trust/Abrdn Global Opportunity Income Fund has a fifty-two week low of $5.38 and a fifty-two week high of $6.67.
First Trust/Abrdn Global Opportunity Income Fund Company Profile
First Trust/Abrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities.
Featured Stories
- Five stocks we like better than First Trust/Abrdn Global Opportunity Income Fund
- 3 Monster Growth Stocks to Buy Now
- GE Aerospace is Ready for Liftoff After Strong Earnings
- How to Use the MarketBeat Excel Dividend Calculator
- The Bottom is in For Tesla: Read This Before Buying the Bounce
- Stock Dividend Cuts Happen Are You Ready?
- 3 Technologies to Challenge NAND Flash Dominance in AI
Receive News & Ratings for First Trust/Abrdn Global Opportunity Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust/Abrdn Global Opportunity Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.