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

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Tuesday, June 9th. Shareholders of record on Tuesday, June 23rd will be paid a dividend of 0.1167 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Abrdn World Healthcare Fund Stock Performance

Shares of NYSE:THW opened at $12.21 on Wednesday. The business has a fifty day moving average price of $12.49 and a two-hundred day moving average price of $12.55. Abrdn World Healthcare Fund has a 1 year low of $10.10 and a 1 year high of $13.19.

Abrdn World Healthcare Fund Company Profile

Abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment company that provides investors with diversified exposure to the global healthcare sector. Listed on the New York Stock Exchange, the fund seeks to deliver long-term capital appreciation by investing primarily in equity securities of companies engaged in pharmaceuticals, biotechnology, medical devices, healthcare services and related industries. Managed by the global healthcare equity team at Abrdn plc, the fund leverages the firm’s deep sector expertise and research capabilities to identify innovative businesses and established market leaders in both developed and emerging markets.

The fund’s portfolio spans a broad range of healthcare subsectors, including drug developers, medical equipment manufacturers, health insurers and providers of diagnostics and digital health solutions.