🟢 AWP is trading 4% up in after-hours trading following abrdn’s new 12% managed distribution policy

AWP is trading 4.00% up now at $11.47 after investors appear to react to abrdn’s September 11 announcement of a new managed distribution policy.

• Monthly distributions are planned at 12% annualized of average NAV; September’s declaration was $0.12 per share.
• No separate September 14 announcement was found; broader markets were modestly lower, making macro sentiment an unlikely explanation.
• Regular-session close was $11.03; after-hours activity information is limited, and the catalyst is company-specific and distribution-related.