Abrdn World Healthcare Fund (THW) to Issue Monthly Dividend of $0.12 on January 30th

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Monday, January 12th. Shareholders of record on Friday, January 23rd will be given a dividend of 0.1167 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend is Friday, January 23rd.

Abrdn World Healthcare Fund Trading Down 0.3%

Shares of THW stock opened at $12.79 on Wednesday. Abrdn World Healthcare Fund has a 1 year low of $9.80 and a 1 year high of $13.19. The business’s fifty day moving average is $12.67 and its 200-day moving average is $12.02.

Institutional Investors Weigh In On Abrdn World Healthcare Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. bought a new position in shares of Abrdn World Healthcare Fund during the 2nd quarter valued at about $31,000. Advisory Services Network LLC acquired a new stake in Abrdn World Healthcare Fund during the third quarter valued at approximately $43,000. Ameriflex Group Inc. bought a new stake in Abrdn World Healthcare Fund during the third quarter worth approximately $79,000. B. Riley Wealth Advisors Inc. acquired a new position in Abrdn World Healthcare Fund in the second quarter worth approximately $113,000. Finally, Institute for Wealth Management LLC. bought a new position in shares of Abrdn World Healthcare Fund in the second quarter valued at $147,000.

About Abrdn World Healthcare Fund

Abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment company that provides investors with diversified exposure to the global healthcare sector. Listed on the New York Stock Exchange, the fund seeks to deliver long-term capital appreciation by investing primarily in equity securities of companies engaged in pharmaceuticals, biotechnology, medical devices, healthcare services and related industries. Managed by the global healthcare equity team at Abrdn plc, the fund leverages the firm’s deep sector expertise and research capabilities to identify innovative businesses and established market leaders in both developed and emerging markets.

The fund’s portfolio spans a broad range of healthcare subsectors, including drug developers, medical equipment manufacturers, health insurers and providers of diagnostics and digital health solutions.