Abrdn World Healthcare Fund (NYSE:THW) Plans Monthly Dividend of $0.12

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Thursday, July 11th, Wall Street Journal reports. Shareholders of record on Wednesday, July 24th will be given a dividend of 0.1167 per share on Wednesday, July 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.60%. The ex-dividend date is Wednesday, July 24th.

Abrdn World Healthcare Fund has raised its dividend by an average of 1,307.9% per year over the last three years.

Abrdn World Healthcare Fund Trading Up 0.8 %

Shares of Abrdn World Healthcare Fund stock traded up $0.11 during trading on Thursday, hitting $13.21. 121,315 shares of the company’s stock traded hands, compared to its average volume of 114,658. Abrdn World Healthcare Fund has a 1 year low of $9.76 and a 1 year high of $14.16. The business has a 50-day simple moving average of $12.96 and a 200-day simple moving average of $12.73.

Abrdn World Healthcare Fund Company Profile

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.