Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.1167 per share on Monday, March 31st. This represents a $1.40 annualized dividend and a yield of 12.02%. The ex-dividend date is Tuesday, March 25th.
Abrdn World Healthcare Fund has raised its dividend by an average of 104.4% per year over the last three years.
Abrdn World Healthcare Fund Price Performance
Shares of NYSE:THW opened at $11.65 on Thursday. Abrdn World Healthcare Fund has a 12-month low of $10.91 and a 12-month high of $13.48. The business has a 50 day moving average of $11.81 and a two-hundred day moving average of $12.22.
Abrdn World Healthcare Fund Company Profile
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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