Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.1167 per share on Friday, February 28th. This represents a $1.40 annualized dividend and a dividend yield of 11.80%. The ex-dividend date is Friday, February 21st.
Abrdn World Healthcare Fund has increased 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 $11.87 on Thursday. Abrdn World Healthcare Fund has a one year low of $10.91 and a one year high of $13.48. The firm has a 50 day simple moving average of $11.58 and a 200 day simple moving average of $12.38.
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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