abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) declared a monthly dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.07 per share on Friday, January 10th. This represents a $0.84 dividend on an annualized basis and a yield of 14.21%. The ex-dividend date is Monday, December 30th.
abrdn Global Income Fund has increased its dividend by an average of 68.9% per year over the last three years.
abrdn Global Income Fund Stock Performance
FCO traded down $0.02 during midday trading on Wednesday, reaching $5.91. 46,204 shares of the company’s stock were exchanged, compared to its average volume of 73,401. abrdn Global Income Fund has a 1-year low of $4.73 and a 1-year high of $6.63.
About abrdn Global Income Fund
Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe.
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