Abrdn World Healthcare Fund (NYSE:THW) Shares Will Pay Monthly Dividend of $0.11

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Friday, October 9th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.11 per share on Friday, October 30th. This represents a $1.32 dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend is Friday, October 23rd. This is a 8.3% decrease from Abrdn World Healthcare Fund’s previous monthly dividend of $0.12.

Abrdn World Healthcare Fund Trading Up 0.4%

Shares of NYSE THW traded up $0.05 during midday trading on Wednesday, reaching $12.53. The company had a trading volume of 10,463 shares, compared to its average volume of 130,833. The business’s 50-day simple moving average is $13.35 and its 200 day simple moving average is $13.03. Abrdn World Healthcare Fund has a 1 year low of $11.18 and a 1 year high of $14.50.

Abrdn World Healthcare Fund Company Profile

abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment fund focused on the global healthcare sector. The fund seeks to provide investors with total return through a combination of current income and long-term capital appreciation by investing in healthcare-related companies and securities.

The fund’s portfolio may include pharmaceutical, biotechnology, medical device, healthcare services, diagnostics, life sciences and other healthcare businesses. Its investments can span companies at different stages of development and may include issuers located in the United States and international markets, giving the fund exposure to healthcare trends across multiple geographies.

The fund was formerly known as Tekla World Healthcare Fund and adopted the abrdn World Healthcare Fund name following the transition of its investment management platform to abrdn.