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

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Monday, January 12th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.1167 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 10.9%. The ex-dividend date of this dividend is Friday, January 23rd.

Abrdn World Healthcare Fund Stock Performance

Shares of Abrdn World Healthcare Fund stock traded down $0.04 during midday trading on Tuesday, hitting $12.79. The company had a trading volume of 239,553 shares, compared to its average volume of 187,457. Abrdn World Healthcare Fund has a 12-month low of $9.80 and a 12-month high of $13.19. The company has a fifty day simple moving average of $12.67 and a 200 day simple moving average of $12.02.

Abrdn World Healthcare Fund Company Profile

Abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment company that provides investors with diversified exposure to the global healthcare sector. Listed on the New York Stock Exchange, the fund seeks to deliver long-term capital appreciation by investing primarily in equity securities of companies engaged in pharmaceuticals, biotechnology, medical devices, healthcare services and related industries. Managed by the global healthcare equity team at Abrdn plc, the fund leverages the firm’s deep sector expertise and research capabilities to identify innovative businesses and established market leaders in both developed and emerging markets.

The fund’s portfolio spans a broad range of healthcare subsectors, including drug developers, medical equipment manufacturers, health insurers and providers of diagnostics and digital health solutions.