Abrdn Healthcare Investors (NYSE:HQH – Get Free Report) Director Rose Dimartino bought 1,000 shares of the business’s stock in a transaction dated Tuesday, July 16th. The shares were bought at an average cost of $18.88 per share, for a total transaction of $18,880.00. Following the completion of the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at $18,880. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Abrdn Healthcare Investors Price Performance
Shares of HQH opened at $18.57 on Friday. The business’s 50-day moving average price is $17.32 and its 200 day moving average price is $17.00. Abrdn Healthcare Investors has a 1-year low of $14.31 and a 1-year high of $18.97.
Abrdn Healthcare Investors Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, May 23rd were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 12.71%. This is a boost from Abrdn Healthcare Investors’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Wednesday, May 22nd.
Institutional Investors Weigh In On Abrdn Healthcare Investors
About Abrdn Healthcare Investors
Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.
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