Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Wednesday, December 11th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be given a dividend of 0.1167 per share on Friday, January 10th. This represents a $1.40 annualized dividend and a dividend yield of 11.97%. The ex-dividend date of this dividend is Monday, December 30th.
Abrdn World Healthcare Fund has increased its dividend payment by an average of 1,307.9% annually over the last three years.
Abrdn World Healthcare Fund Stock Down 1.0 %
Shares of THW traded down $0.12 during mid-day trading on Wednesday, hitting $11.70. The company’s stock had a trading volume of 215,647 shares, compared to its average volume of 116,983. Abrdn World Healthcare Fund has a one year low of $11.50 and a one year high of $13.48. The stock’s 50-day moving average is $12.43 and its two-hundred day moving average is $12.85.
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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