Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Announces $0.10 Monthly Dividend

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) declared a monthly dividend on Tuesday, August 11th. Investors of record on Monday, August 24th will be paid a dividend of 0.10 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date is Monday, August 24th.

Aberdeen Total Dynamic Dividend Fund Stock Down 0.1%

AOD traded down $0.01 during trading on Wednesday, reaching $10.71. The stock had a trading volume of 46,758 shares, compared to its average volume of 504,586. Aberdeen Total Dynamic Dividend Fund has a one year low of $8.76 and a one year high of $10.78. The business has a 50-day moving average of $10.40 and a 200-day moving average of $10.18.

Hedge Funds Weigh In On Aberdeen Total Dynamic Dividend Fund

Several institutional investors have recently modified their holdings of AOD. CWM LLC boosted its position in Aberdeen Total Dynamic Dividend Fund by 14.1% during the 4th quarter. CWM LLC now owns 9,443 shares of the investment management company’s stock valued at $92,000 after acquiring an additional 1,166 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Aberdeen Total Dynamic Dividend Fund by 7.0% in the 2nd quarter. Captrust Financial Advisors now owns 19,368 shares of the investment management company’s stock worth $172,000 after acquiring an additional 1,275 shares in the last quarter. Allworth Financial LP raised its position in shares of Aberdeen Total Dynamic Dividend Fund by 3.7% in the 2nd quarter. Allworth Financial LP now owns 36,197 shares of the investment management company’s stock worth $373,000 after acquiring an additional 1,292 shares in the last quarter. Midwest Trust Co lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 4.6% in the 4th quarter. Midwest Trust Co now owns 34,496 shares of the investment management company’s stock valued at $336,000 after purchasing an additional 1,525 shares during the period. Finally, Stifel Financial Corp lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 0.8% in the 4th quarter. Stifel Financial Corp now owns 192,947 shares of the investment management company’s stock valued at $1,881,000 after purchasing an additional 1,543 shares during the period.

Aberdeen Total Dynamic Dividend Fund Company Profile

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.