abrdn Glb Inc Fund: Dividend Insights
Portfolio Pulse from Benzinga Insights
abrdn Glb Inc Fund (AMEX:FCO) announced a monthly dividend of 7 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, payable on February 29, 2024. The stock is expected to open 7 cents lower on the ex-dividend date.

February 16, 2024 | 2:45 pm
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abrdn Glb Inc Fund announced a monthly dividend of 7 cents per share, payable on February 29, 2024. The stock will likely open 7 cents lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, FCO is expected to open 7 cents lower on the ex-dividend date, directly correlating with the dividend amount.
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