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

Abrdn World Healthcare Fund (NYSE:THWGet Free Report) declared a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Investors of record on Monday, December 30th will be paid a dividend of 0.1167 per share on Friday, January 10th. This represents a $1.40 annualized dividend and a dividend yield of 12.32%. The ex-dividend date of this dividend is Monday, December 30th.

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

Abrdn World Healthcare Fund Stock Performance

Shares of THW opened at $11.37 on Friday. The stock’s 50-day moving average price is $11.97 and its 200-day moving average price is $12.71. Abrdn World Healthcare Fund has a 52 week low of $10.92 and a 52 week high of $13.48.

About Abrdn World Healthcare Fund

(Get Free Report)

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.

Further Reading

Dividend History for Abrdn World Healthcare Fund (NYSE:THW)

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