Abrdn Healthcare Investors (NYSE:HQH) Announces Quarterly Dividend of $0.57

Abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.57 per share by the financial services provider on Monday, March 31st. This represents a $2.28 dividend on an annualized basis and a yield of 12.90%. The ex-dividend date of this dividend is Friday, February 21st.

Abrdn Healthcare Investors has raised its dividend payment by an average of 101.6% annually over the last three years.

Abrdn Healthcare Investors Stock Performance

Abrdn Healthcare Investors stock traded up $0.12 during mid-day trading on Wednesday, reaching $17.68. The company had a trading volume of 170,499 shares, compared to its average volume of 228,307. Abrdn Healthcare Investors has a fifty-two week low of $15.76 and a fifty-two week high of $19.79. The business has a fifty day simple moving average of $17.07 and a 200 day simple moving average of $17.98.

Abrdn Healthcare Investors Company Profile

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.