Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) declared a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.1167 per share on Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 11.80%. The ex-dividend date of this dividend is Friday, February 21st.
Abrdn World Healthcare Fund has increased its dividend payment by an average of 104.4% per year over the last three years.
Abrdn World Healthcare Fund Stock Performance
THW stock traded down $0.05 during midday trading on Wednesday, hitting $11.87. 115,636 shares of the company’s stock were exchanged, compared to its average volume of 228,591. The stock’s fifty day moving average price is $11.58 and its 200-day moving average price is $12.38. Abrdn World Healthcare Fund has a one year low of $10.91 and a one year high of $13.48.
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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