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, February 10th. Investors of record on Friday, February 20th will be given a dividend of 0.1167 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date of this dividend is Friday, February 20th.

Abrdn World Healthcare Fund Stock Performance

NYSE THW traded up $0.09 during trading on Wednesday, hitting $12.59. The stock had a trading volume of 72,659 shares, compared to its average volume of 197,495. The firm has a 50 day moving average price of $12.72 and a 200 day moving average price of $12.33. Abrdn World Healthcare Fund has a twelve month low of $9.80 and a twelve month high of $13.19.

Abrdn World Healthcare Fund Company Profile

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.