Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be given a dividend of 0.1167 per share on Friday, January 31st. This represents a $1.40 annualized dividend and a dividend yield of 11.85%. The ex-dividend date is Friday, January 24th.
Abrdn World Healthcare Fund has raised its dividend by an average of 120.5% per year over the last three years.
Abrdn World Healthcare Fund Trading Up 1.2 %
Shares of NYSE THW opened at $11.82 on Wednesday. Abrdn World Healthcare Fund has a 1 year low of $10.91 and a 1 year high of $13.48. The company’s 50-day moving average is $11.60 and its 200 day moving average is $12.51.
About Abrdn World Healthcare Fund
Tekla World Healthcare Fund is a closed-ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector. For its fixed income portion, the fund primarily invests in corporate debt securities.
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