Abrdn Healthcare Investors (NYSE:HQH) to Issue $0.57 Quarterly Dividend

Abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Wednesday, February 12th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.57 per share by the financial services provider on Monday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 12.90%. The ex-dividend date is Friday, February 21st.

Abrdn Healthcare Investors has raised its dividend payment by an average of 101.6% per year over the last three years.

Abrdn Healthcare Investors Stock Up 0.7 %

Shares of HQH traded up $0.12 during mid-day trading on Wednesday, reaching $17.68. 170,499 shares of the stock traded hands, compared to its average volume of 228,307. Abrdn Healthcare Investors has a 1 year low of $15.76 and a 1 year high of $19.79. The firm has a fifty day moving average price of $17.07 and a 200 day moving average price of $17.98.

About Abrdn Healthcare Investors

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.