abrdn Global Premier Properties Fund Plans Monthly Dividend of $0.04 (NYSE:AWP)

abrdn Global Premier Properties Fund (NYSE:AWP) declared a monthly dividend on Monday, January 12th. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.04 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 12.3%. The ex-dividend date is Friday, January 23rd.

abrdn Global Premier Properties Fund Stock Performance

Shares of NYSE:AWP traded down $0.01 during mid-day trading on Tuesday, reaching $3.91. 368,271 shares of the company were exchanged, compared to its average volume of 374,059. abrdn Global Premier Properties Fund has a 1 year low of $3.27 and a 1 year high of $4.08. The firm’s 50-day simple moving average is $3.89 and its 200 day simple moving average is $3.91.

About abrdn Global Premier Properties Fund

abrdn Global Premier Properties Fund (NYSE: AWP) is a publicly traded, closed-end investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund is managed by abrdn plc, a global asset manager, and primarily invests in equity and debt securities of real estate companies and real estate investment trusts (REITs) worldwide. By trading its shares on the New York Stock Exchange, AWP offers investors access to a diversified portfolio of real estate assets without the need to directly acquire or manage physical properties.

The fund’s investment strategy emphasizes bottom-up security selection, targeting companies that offer attractive dividend yields, earnings growth potential and stable cash flows.