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

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be given a dividend of 0.1167 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 10.5%. The ex-dividend date is Thursday, July 23rd.

Abrdn World Healthcare Fund Price Performance

Shares of NYSE THW opened at $13.33 on Tuesday. Abrdn World Healthcare Fund has a 1 year low of $10.14 and a 1 year high of $13.79. The company’s fifty day moving average price is $12.92 and its 200 day moving average price is $12.62.

Abrdn World Healthcare Fund Company Profile

Abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment company that provides investors with diversified exposure to the global healthcare sector. Listed on the New York Stock Exchange, the fund seeks to deliver long-term capital appreciation by investing primarily in equity securities of companies engaged in pharmaceuticals, biotechnology, medical devices, healthcare services and related industries. Managed by the global healthcare equity team at Abrdn plc, the fund leverages the firm’s deep sector expertise and research capabilities to identify innovative businesses and established market leaders in both developed and emerging markets.

The fund’s portfolio spans a broad range of healthcare subsectors, including drug developers, medical equipment manufacturers, health insurers and providers of diagnostics and digital health solutions.