Abrdn World Healthcare Fund (THW) to Distribute Monthly Dividend of $0.12 on July 31st

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be given a dividend of 0.1167 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend is Thursday, July 23rd.

Abrdn World Healthcare Fund Price Performance

Shares of NYSE:THW opened at $13.33 on Tuesday. The company’s fifty day moving average is $12.92 and its two-hundred day moving average is $12.62. Abrdn World Healthcare Fund has a 1-year low of $10.14 and a 1-year high of $13.79.

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.