Abrdn World Healthcare Fund (NYSE:THW) Plans Monthly Dividend of $0.12

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Tuesday, November 11th. Investors of record on Friday, November 21st will be given a dividend of 0.1167 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Friday, November 21st.

Abrdn World Healthcare Fund Stock Up 1.4%

THW traded up $0.17 on Wednesday, hitting $12.68. 93,446 shares of the company’s stock traded hands, compared to its average volume of 162,995. The company’s 50 day simple moving average is $12.45 and its 200-day simple moving average is $11.31. Abrdn World Healthcare Fund has a one year low of $9.80 and a one year high of $13.13.

Abrdn World Healthcare Fund Company Profile

Tekla World Healthcare Fund is a closed-ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector. For its fixed income portion, the fund primarily invests in corporate debt securities.