First Trust/Aberdeen Global Opportunity (NYSE:FAM) declared a monthly dividend on Thursday, June 20th, NASDAQ reports. Shareholders of record on Tuesday, July 2nd will be paid a dividend of 0.07 per share by the financial services provider on Monday, July 15th. This represents a $0.84 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date is Monday, July 1st.
First Trust/Aberdeen Global Opportunity has decreased its dividend by an average of 8.4% annually over the last three years.
Shares of NYSE:FAM traded up $0.06 during trading on Friday, hitting $10.61. 34,529 shares of the company’s stock traded hands, compared to its average volume of 35,567. First Trust/Aberdeen Global Opportunity has a 52 week low of $9.05 and a 52 week high of $10.67. The firm has a 50-day simple moving average of $10.27.
First Trust/Aberdeen Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities.
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