Alpine Global Premier Properties Fund said on April 11, 2023 that its board of directors declared a regular
monthly dividend of $0.04 per share ($0.48 annualized).
Previously, the company paid $0.04 per share.
Shares must be purchased before the ex-div date of April 20, 2023 to qualify for the dividend.
Shareholders of record as of April 21, 2023
will receive the payment on April 28, 2023.
At the current share price of $4.08 / share,
the stock’s dividend yield is 11.76%.
Looking back five years and taking a sample every week, the average dividend yield has been
9.57%,
the lowest has been 7.04%,
and the highest has been 13.99%.
The standard deviation of yields is 1.56 (n=196).
The current dividend yield is
1.40 standard deviations
above
the historical average.
The company has not increased its dividend in the last three years.
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What is the Fund Sentiment?
There are 91 funds or institutions reporting positions in Alpine Global Premier Properties Fund.
This is an increase
of
12
owner(s) or 15.19% in the last quarter.
Average portfolio weight of all funds dedicated to AWP is 0.02%,
a decrease
of 45.99%.
Total shares owned by institutions decreased
in the last three months by 1.34% to 12,806K shares.
What are Other Shareholders Doing?
Cwm
holds 0K shares.
No change in the last quarter.
Spectrum Management Group
holds 1K shares.
No change in the last quarter.
Modera Wealth Management
holds 22K shares.
In it’s prior filing, the firm reported owning 18K shares, representing
an increase
of 21.35%.
The firm
increased
its portfolio allocation in AWP by 3.99% over the last quarter.
Highlander Capital Management
holds 39K shares.
No change in the last quarter.
Scotia Capital
holds 16K shares.
No change in the last quarter.
abrdn Global Premier Properties Fund Background Information
(This description is provided by the company.)
Aberdeen Global Premier Properties Fund aims to provide capital appreciation and current income through global real estate securities. The Fund’s primary investment objective is to seek high current income and capital appreciation.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.