Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.1167 per share on Monday, March 31st. This represents a $1.40 annualized dividend and a dividend yield of 11.78%. The ex-dividend date is Tuesday, March 25th.
Abrdn World Healthcare Fund has increased its dividend payment by an average of 104.4% per year over the last three years.
Abrdn World Healthcare Fund Stock Up 0.0 %
Shares of NYSE THW opened at $11.89 on Friday. Abrdn World Healthcare Fund has a 1-year low of $10.91 and a 1-year high of $13.48. The business has a 50-day moving average of $11.88 and a 200-day moving average of $12.16.
About Abrdn World Healthcare Fund
Tekla World Healthcare 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 stocks of companies operating in the healthcare sector. For its fixed income portion, the fund primarily invests in corporate debt securities.
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