Abrdn World Healthcare Fund (THW) to Issue Monthly Dividend of $0.12 on March 31st

Abrdn World Healthcare Fund (NYSE:THW) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.1167 per share on Monday, March 31st. This represents a $1.40 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date of this dividend is Tuesday, March 25th.

Abrdn World Healthcare Fund has raised its dividend payment by an average of 104.4% annually over the last three years.

Abrdn World Healthcare Fund Trading Down 0.3 %

Shares of NYSE:THW traded down $0.04 during trading on Thursday, hitting $11.61. The company’s stock had a trading volume of 77,364 shares, compared to its average volume of 189,224. Abrdn World Healthcare Fund has a fifty-two week low of $10.91 and a fifty-two week high of $13.48. The stock’s 50-day moving average price is $11.81 and its two-hundred day moving average price is $12.22.

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.