Aberdeen Total Dynamic Dividend Fund is a diversified, closed-end management investment company. The Fund's principal investment objective is to provide high current dividend income primarily in equity securities, with a secondary objective of long-term growth of capital. We show 1 historical shares outstanding datapoints in our AOD shares outstanding history coverage, used to compute AOD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AOD market cap history over the course of time is important for investors
interested in comparing AOD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AOD versus a peer is one thing; comparing
AOD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AOD can fluctuate over the course of history.
With this page we aim to empower investors researching AOD by allowing them to research the AOD market cap history. |
Video: The Importance of Market Cap
