Two Alpine dividend funds (AOD -8.2%, AGD -12.6%) dive after slashing their monthly payouts by...

|About: Alpine Total Dynamic Div... (AOD)|By:, SA News Editor

Two Alpine dividend funds (AOD -8.2%, AGD -12.6%) dive after slashing their monthly payouts by 50%. The AOD distribution will go to $0.027/share from $0.05, and AGD to $0.03 from $0.06.