abrdn Global Premier Properties Fund (NYSE:AWP) to Issue $0.04 Monthly Dividend

abrdn Global Premier Properties Fund (NYSE:AWP) declared a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.04 per share by the investment management company on Monday, March 31st. This represents a $0.48 annualized dividend and a yield of 12.48%. The ex-dividend date of this dividend is Tuesday, March 25th.

abrdn Global Premier Properties Fund has increased its dividend payment by an average of 0.3% annually over the last three years.

abrdn Global Premier Properties Fund Trading Up 1.2 %

Shares of abrdn Global Premier Properties Fund stock traded up $0.05 on Wednesday, hitting $3.85. 312,711 shares of the company traded hands, compared to its average volume of 321,876. abrdn Global Premier Properties Fund has a 52 week low of $3.51 and a 52 week high of $4.68. The business has a 50-day simple moving average of $3.95 and a 200 day simple moving average of $4.18.

About abrdn Global Premier Properties Fund

Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.