abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) declared a monthly dividend on Wednesday, February 12th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.07 per share on Friday, February 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 14.00%. The ex-dividend date is Friday, February 21st.
abrdn Global Income Fund has increased its dividend payment by an average of 43.3% annually over the last three years.
abrdn Global Income Fund Price Performance
Shares of FCO traded up $0.02 during mid-day trading on Wednesday, reaching $6.00. The company had a trading volume of 27,027 shares, compared to its average volume of 98,969. abrdn Global Income Fund has a 52 week low of $5.15 and a 52 week high of $6.61.
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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