Aberdeen Total Dynamic Dividend Fund (AOD) to Issue Monthly Dividend of $0.10 on May 29th

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) announced a monthly dividend on Monday, May 11th. Shareholders of record on Thursday, May 21st will be given a dividend of 0.10 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date is Thursday, May 21st.

Aberdeen Total Dynamic Dividend Fund Trading Down 0.3%

NYSE AOD opened at $10.37 on Tuesday. The company has a 50 day moving average price of $9.84 and a two-hundred day moving average price of $9.86. Aberdeen Total Dynamic Dividend Fund has a 12-month low of $8.38 and a 12-month high of $10.77.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Penserra Capital Management LLC lifted its stake in Aberdeen Total Dynamic Dividend Fund by 5.0% in the third quarter. Penserra Capital Management LLC now owns 2,128,219 shares of the investment management company’s stock valued at $20,132,000 after acquiring an additional 101,304 shares during the last quarter. Guggenheim Capital LLC lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 30.1% in the fourth quarter. Guggenheim Capital LLC now owns 937,402 shares of the investment management company’s stock worth $9,140,000 after buying an additional 216,755 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 19.6% in the fourth quarter. Advisors Asset Management Inc. now owns 660,362 shares of the investment management company’s stock worth $6,439,000 after buying an additional 108,060 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 19.1% in the first quarter. Cetera Investment Advisers now owns 588,528 shares of the investment management company’s stock worth $5,420,000 after buying an additional 94,334 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 3.8% in the third quarter. Bank of America Corp DE now owns 514,604 shares of the investment management company’s stock worth $4,868,000 after buying an additional 19,040 shares during the last quarter.

About Aberdeen Total Dynamic Dividend Fund

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.