abrdn Healthcare Investors (NYSE:HQH) to Issue Dividend Increase – $0.57 Per Share

abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Tuesday, November 11th. Shareholders of record on Friday, November 21st will be given a dividend of 0.57 per share by the financial services provider on Monday, January 12th. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Friday, November 21st. This is a 11.8% increase from abrdn Healthcare Investors’s previous quarterly dividend of $0.51.

abrdn Healthcare Investors Stock Performance

Shares of NYSE:HQH traded up $0.26 during trading on Wednesday, reaching $18.83. The stock had a trading volume of 164,439 shares, compared to its average volume of 208,922. abrdn Healthcare Investors has a fifty-two week low of $13.77 and a fifty-two week high of $19.69. The business has a fifty day moving average price of $18.07 and a 200-day moving average price of $16.61.

About abrdn Healthcare Investors

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.