Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) declared a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be paid a dividend of 0.1167 per share on Friday, January 10th. This represents a $1.40 annualized dividend and a dividend yield of 11.97%. The ex-dividend date is Monday, December 30th.
Abrdn World Healthcare Fund has increased its dividend by an average of 1,307.9% per year over the last three years.
Abrdn World Healthcare Fund Stock Performance
Shares of THW stock traded down $0.12 on Wednesday, hitting $11.70. The company had a trading volume of 239,320 shares, compared to its average volume of 117,097. The company has a 50-day moving average price of $12.43 and a 200-day moving average price of $12.85. Abrdn World Healthcare Fund has a twelve month low of $11.50 and a twelve month high of $13.48.
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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