Shares of abrdn Healthcare Investors (NYSE:HQH – Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $19.48 and traded as low as $19.40. abrdn Healthcare Investors shares last traded at $19.5230, with a volume of 178,530 shares.
abrdn Healthcare Investors Stock Performance
The company has a fifty day simple moving average of $19.48 and a two-hundred day simple moving average of $19.13.
abrdn Healthcare Investors Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.61 per share. The ex-dividend date is Thursday, May 21st. This represents a $2.44 annualized dividend and a yield of 12.5%.
Institutional Inflows and Outflows
abrdn Healthcare Investors Company Profile
abrdn Healthcare Investors (NYSE:HQH) is a closed-end management investment company that seeks long-term capital appreciation and current income by investing primarily in equity securities of companies operating in the healthcare sector. The fund’s portfolio generally comprises a diversified mix of domestic and international healthcare issuers, spanning pharmaceuticals, biotechnology, medical devices, healthcare services, and related industries.
The fund employs a fundamental, research-driven approach to select investments, focusing on companies with strong balance sheets, innovative product pipelines and the potential for sustainable revenue growth.
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