Abrdn World Healthcare Fund (NYSE:THW) to Issue Monthly Dividend of $0.12

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Tuesday, March 10th. Shareholders of record on Tuesday, March 24th will be given a dividend of 0.1167 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date is Tuesday, March 24th.

Abrdn World Healthcare Fund Trading Up 0.3%

Shares of Abrdn World Healthcare Fund stock traded up $0.04 on Wednesday, reaching $12.22. 40,404 shares of the company were exchanged, compared to its average volume of 175,407. Abrdn World Healthcare Fund has a one year low of $9.80 and a one year high of $13.19. The company has a 50-day moving average of $12.64 and a 200 day moving average of $12.54.

About Abrdn World Healthcare Fund

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.