Abrdn Healthcare Opportunities Fund Plans Monthly Dividend of $0.18 (NYSE:THQ)

Abrdn Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.18 per share on Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 10.56%. The ex-dividend date is Tuesday, March 25th.

Abrdn Healthcare Opportunities Fund Price Performance

NYSE:THQ traded up $0.02 during midday trading on Wednesday, hitting $20.45. 103,613 shares of the stock were exchanged, compared to its average volume of 136,695. Abrdn Healthcare Opportunities Fund has a one year low of $18.42 and a one year high of $22.60. The business has a 50-day moving average price of $20.34 and a two-hundred day moving average price of $20.74.

Abrdn Healthcare Opportunities Fund Company Profile

Tekla Healthcare Opportunities 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 securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.