Abrdn World Healthcare Fund (NYSE:THW – Get Free Report) declared a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be paid a dividend of 0.1167 per share on Friday, January 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 11.97%. The ex-dividend date is Monday, December 30th.
Abrdn World Healthcare Fund has raised its dividend by an average of 1,307.9% annually over the last three years.
Abrdn World Healthcare Fund Trading Down 1.0 %
Shares of NYSE:THW traded down $0.12 on Wednesday, reaching $11.70. The company had a trading volume of 239,320 shares, compared to its average volume of 117,097. Abrdn World Healthcare Fund has a 52-week low of $11.50 and a 52-week high of $13.48. The firm’s 50 day simple moving average is $12.43 and its 200-day simple moving average is $12.85.
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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