Abrdn World Healthcare Fund Declares Monthly Dividend of $0.12 (NYSE:THW)

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be paid a dividend of 0.1167 per share on Friday, January 31st. This represents a $1.40 annualized dividend and a dividend yield of 12.21%. The ex-dividend date is Friday, January 24th.

Abrdn World Healthcare Fund has raised its dividend payment by an average of 120.5% annually over the last three years.

Abrdn World Healthcare Fund Trading Up 1.2 %

THW traded up $0.14 on Monday, reaching $11.47. The company’s stock had a trading volume of 391,299 shares, compared to its average volume of 205,386. Abrdn World Healthcare Fund has a 1 year low of $10.91 and a 1 year high of $13.48. The business’s 50 day moving average is $11.69 and its 200 day moving average is $12.58.

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.