abrdn Healthcare Investors (HQH) to Issue Quarterly Dividend of $0.66 on August 31st

abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Tuesday, August 11th. Stockholders of record on Monday, August 24th will be given a dividend of 0.66 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend is Monday, August 24th. This is a 8.2% increase from abrdn Healthcare Investors’s previous quarterly dividend of $0.61.

abrdn Healthcare Investors Stock Up 2.1%

Shares of HQH stock opened at $24.35 on Friday. abrdn Healthcare Investors has a one year low of $16.10 and a one year high of $24.85. The stock has a fifty day moving average price of $21.88 and a 200 day moving average price of $20.10.

About abrdn Healthcare Investors

abrdn Healthcare Investors (NYSE:HQH) is a closed-end management investment company that seeks long-term capital appreciation and current income by investing primarily in equity securities of companies operating in the healthcare sector. The fund’s portfolio generally comprises a diversified mix of domestic and international healthcare issuers, spanning pharmaceuticals, biotechnology, medical devices, healthcare services, and related industries.

The fund employs a fundamental, research-driven approach to select investments, focusing on companies with strong balance sheets, innovative product pipelines and the potential for sustainable revenue growth.