Abrdn Healthcare Investors (HQH) to Issue Quarterly Dividend of $0.62 on January 10th

Abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Monday, November 11th,Zacks Dividends reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.62 per share by the financial services provider on Friday, January 10th. This represents a $2.48 annualized dividend and a dividend yield of 13.56%. The ex-dividend date is Thursday, November 21st. This is a boost from Abrdn Healthcare Investors’s previous quarterly dividend of $0.59.

Abrdn Healthcare Investors has raised its dividend payment by an average of 54.0% per year over the last three years.

Abrdn Healthcare Investors Price Performance

Shares of Abrdn Healthcare Investors stock traded down $0.19 during trading hours on Wednesday, hitting $18.29. 144,100 shares of the company were exchanged, compared to its average volume of 156,138. The business has a 50-day moving average of $18.53 and a 200-day moving average of $18.03. Abrdn Healthcare Investors has a 1 year low of $14.58 and a 1 year high of $19.79.

About Abrdn Healthcare Investors

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.