abrdn Healthcare Investors (NYSE:HQH) Plans Quarterly Dividend of $0.66

abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be paid 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 yield of 11.2%. The ex-dividend date 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 Performance

Shares of NYSE HQH traded up $0.09 during trading on Wednesday, reaching $23.50. The company had a trading volume of 47,632 shares, compared to its average volume of 188,339. abrdn Healthcare Investors has a twelve month low of $15.99 and a twelve month high of $23.65. The stock has a 50-day moving average price of $21.10 and a two-hundred day moving average price of $19.86.

abrdn Healthcare Investors Company Profile

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.