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

Abrdn World Healthcare Fund (NYSE:THW) announced a monthly dividend on Monday, November 11th,Zacks Dividends reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.117 per share on Friday, November 29th. This represents a $1.40 dividend on an annualized basis and a yield of 11.92%. The ex-dividend date is Thursday, November 21st. This is an increase from Abrdn World Healthcare Fund’s previous monthly dividend of $0.12.

Abrdn World Healthcare Fund has raised its dividend payment by an average of 1,307.9% per year over the last three years.

Abrdn World Healthcare Fund Price Performance

NYSE THW opened at $11.78 on Tuesday. The company’s 50-day simple moving average is $12.85 and its two-hundred day simple moving average is $12.96. Abrdn World Healthcare Fund has a one year low of $10.91 and a one year high of $13.48.

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.