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Reit Todd, a director at abrdn Global Dynamic Dividend Fund (NYSE:AGD), recently acquired additional shares of the fund's common stock. On January 7, Todd purchased 100 shares at a price of $9.96 each, totaling $996. This transaction increased Todd's holdings to 1,100 shares. The purchase was executed directly, as indicated in the SEC filing.
The $123.24 million market cap fund currently offers a substantial 13.3% dividend yield and has maintained dividend payments for 19 consecutive years, according to InvestingPro data. The fund's shares trade near $9.82, showing relatively low price volatility with a beta of 1.01. For deeper dividend analysis and additional insights, InvestingPro subscribers can access 6 more key tips about AGD's financial health and valuation metrics.
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