Abrdn World Healthcare Fund Announces Monthly Dividend of $0.12 (NYSE:THW)

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Tuesday, March 10th. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.1167 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend is Tuesday, March 24th.

Abrdn World Healthcare Fund Stock Up 0.3%

Shares of THW stock traded up $0.04 during trading on Wednesday, reaching $12.22. 40,404 shares of the company’s stock were exchanged, compared to its average volume of 175,407. Abrdn World Healthcare Fund has a twelve month low of $9.80 and a twelve month high of $13.19. The firm’s fifty day moving average price is $12.64 and its 200-day moving average price is $12.54.

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.