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

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Thursday, July 11th, Wall Street Journal reports. Investors of record on Wednesday, July 24th will be paid a dividend of 0.1167 per share on Wednesday, July 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.60%. The ex-dividend date of this dividend is Wednesday, July 24th.

Abrdn World Healthcare Fund has raised its dividend by an average of 1,307.9% annually over the last three years.

Abrdn World Healthcare Fund Stock Up 0.8 %

NYSE:THW traded up $0.11 during trading hours on Thursday, hitting $13.21. The stock had a trading volume of 121,315 shares, compared to its average volume of 114,658. The business’s 50 day moving average is $12.96 and its 200-day moving average is $12.73. Abrdn World Healthcare Fund has a one year low of $9.76 and a one year high of $14.16.

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.