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

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Tuesday, August 11th. Investors of record on Monday, August 24th will be paid a dividend of 0.1167 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date is Monday, August 24th.

Abrdn World Healthcare Fund Stock Up 0.5%

NYSE THW traded up $0.07 on Wednesday, hitting $13.96. 26,302 shares of the stock were exchanged, compared to its average volume of 137,086. The stock has a fifty day moving average price of $13.10 and a two-hundred day moving average price of $12.68. Abrdn World Healthcare Fund has a 52-week low of $10.84 and a 52-week high of $14.00.

About Abrdn World Healthcare Fund

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.