Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.1167 per share on Monday, March 31st. This represents a $1.40 annualized dividend and a yield of 11.99%. The ex-dividend date is Tuesday, March 25th.
Abrdn World Healthcare Fund has raised its dividend by an average of 104.4% annually over the last three years.
Abrdn World Healthcare Fund Trading Down 0.1 %
Abrdn World Healthcare Fund stock traded down $0.01 during midday trading on Wednesday, hitting $11.68. 63,162 shares of the company’s stock were exchanged, compared to its average volume of 191,362. Abrdn World Healthcare Fund has a 12-month low of $10.91 and a 12-month high of $13.48. The firm’s 50 day simple moving average is $11.79 and its 200 day simple moving average is $12.23.
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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