Abrdn Healthcare Opportunities Fund (NYSE:THQ) Shareholders to Get $0.17 Monthly Dividend

Abrdn Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Friday, October 9th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.17 per share on Friday, October 30th. This represents a $2.04 annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Friday, October 23rd.

Abrdn Healthcare Opportunities Fund Price Performance

Shares of THQ traded down $0.06 during midday trading on Wednesday, reaching $18.58. 10,928 shares of the stock were exchanged, compared to its average volume of 164,364. Abrdn Healthcare Opportunities Fund has a 52 week low of $16.28 and a 52 week high of $20.39. The company’s 50 day moving average is $18.94 and its two-hundred day moving average is $18.63.

About Abrdn Healthcare Opportunities Fund

Abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end investment company that seeks to provide total return through a combination of current income and long-term capital appreciation. The fund invests primarily in securities issued by companies involved in the healthcare industry.

Its portfolio may include common and preferred stocks, convertible securities, corporate debt and other investments across healthcare subsectors. These may include pharmaceuticals, biotechnology, medical devices and equipment, healthcare providers and services, healthcare technology, and related real estate companies.

The fund is managed by abrdn, a global investment management firm.