Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Shareholders 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 yield of 12.29%. The ex-dividend date of this dividend is Friday, January 24th.
Abrdn World Healthcare Fund has increased its dividend payment by an average of 120.5% annually over the last three years.
Abrdn World Healthcare Fund Stock Performance
NYSE THW opened at $11.39 on Wednesday. The stock’s 50 day simple moving average is $11.65 and its 200-day simple moving average is $12.56. Abrdn World Healthcare Fund has a 1-year low of $10.91 and a 1-year 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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