Abrdn World Healthcare Fund (NYSE:THW) Shareholders to Receive $0.11 Monthly Dividend

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Friday, October 9th. Stockholders of record on Friday, October 23rd will be given a dividend of $0.11 per share on Friday, October 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Friday, October 23rd. This is a 8.3% decrease from Abrdn World Healthcare Fund’s previous monthly dividend of $0.12.

Abrdn World Healthcare Fund Stock Up 0.4%

Shares of Abrdn World Healthcare Fund stock traded up $0.05 during trading on Wednesday, reaching $12.53. The company’s stock had a trading volume of 10,463 shares, compared to its average volume of 130,833. Abrdn World Healthcare Fund has a 1-year low of $11.18 and a 1-year high of $14.50. The company has a 50-day simple moving average of $13.35 and a two-hundred day simple moving average of $13.03.

Abrdn World Healthcare Fund Company Profile

abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment fund focused on the global healthcare sector. The fund seeks to provide investors with total return through a combination of current income and long-term capital appreciation by investing in healthcare-related companies and securities.

The fund’s portfolio may include pharmaceutical, biotechnology, medical device, healthcare services, diagnostics, life sciences and other healthcare businesses. Its investments can span companies at different stages of development and may include issuers located in the United States and international markets, giving the fund exposure to healthcare trends across multiple geographies.

The fund was formerly known as Tekla World Healthcare Fund and adopted the abrdn World Healthcare Fund name following the transition of its investment management platform to abrdn.