Abrdn Healthcare Investors (NYSE:HQH) Announces Quarterly Dividend of $0.62

Abrdn Healthcare Investors (NYSE:HQH) declared a quarterly dividend on Monday, November 11th,Zacks Dividends reports. Investors of record on Thursday, November 21st will be given a dividend of 0.62 per share by the financial services provider on Friday, January 10th. This represents a $2.48 annualized dividend and a yield of 13.57%. The ex-dividend date is Thursday, November 21st. This is a positive change from Abrdn Healthcare Investors’s previous quarterly dividend of $0.59.

Abrdn Healthcare Investors has increased its dividend by an average of 54.0% annually over the last three years.

Abrdn Healthcare Investors Stock Down 1.1 %

Shares of NYSE HQH traded down $0.20 during midday trading on Wednesday, hitting $18.28. The stock had a trading volume of 140,888 shares, compared to its average volume of 156,056. Abrdn Healthcare Investors has a fifty-two week low of $14.58 and a fifty-two week high of $19.79. The company’s 50-day simple moving average is $18.53 and its 200 day simple moving average is $18.03.

Abrdn Healthcare Investors Company Profile

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.