Abrdn World Healthcare Fund (NYSE:THW) to Issue Dividend Increase – $0.12 Per Share

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Friday, September 11th. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.12 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date is Tuesday, September 22nd. This is a 2.8% increase from Abrdn World Healthcare Fund’s previous monthly dividend of $0.12.

Abrdn World Healthcare Fund Stock Performance

THW opened at $13.43 on Friday. The stock’s 50 day simple moving average is $13.67 and its 200 day simple moving average is $12.93. Abrdn World Healthcare Fund has a 1-year low of $11.18 and a 1-year high of $14.50.

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.