abrdn Glb Inc Fund: Dividend Insights
Portfolio Pulse from Benzinga Insights
abrdn Glb Inc Fund (AMEX:FCO) has announced a monthly dividend of 7 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid out on January 31, 2024. The stock is expected to open 7 cents lower on the ex-dividend date to reflect the payout.
January 18, 2024 | 2:45 pm
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abrdn Glb Inc Fund (FCO) will pay a monthly dividend of 7 cents per share, with the ex-dividend date being this Tuesday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to decrease by the amount of the dividend on the ex-dividend date, which is a common occurrence as the dividend payment is accounted for in the stock price. This is a short-term impact and does not necessarily reflect the company's long-term value.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100