abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) Plans Monthly Dividend of $0.07

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO - Get Free Report) declared a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.07 per share on Friday, February 28th. This represents a $0.84 dividend on an annualized basis and a yield of 14.07%. 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 Stock Up 0.5 %

FCO traded up $0.03 during trading on Friday, reaching $5.97. 47,021 shares of the company's stock were exchanged, compared to its average volume of 107,991. abrdn Global Income Fund has a fifty-two week low of $5.24 and a fifty-two week high of $6.61.

abrdn Global Income Fund Company Profile

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.