abrdn Healthcare Investors (NYSE:HQH – Get Free Report) announced a quarterly dividend on Tuesday, August 11th. Stockholders of record on Monday, August 24th will be given a dividend of 0.66 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date of this dividend is Monday, August 24th. This is a 8.2% increase from abrdn Healthcare Investors’s previous quarterly dividend of $0.61.
abrdn Healthcare Investors Trading Up 0.5%
Shares of HQH traded up $0.11 during mid-day trading on Wednesday, reaching $23.52. 42,595 shares of the company’s stock were exchanged, compared to its average volume of 188,309. abrdn Healthcare Investors has a 52-week low of $15.99 and a 52-week high of $23.65. The company has a 50-day simple moving average of $21.10 and a two-hundred day simple moving average of $19.86.
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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