Abrdn Healthcare Investors (NYSE:HQH) to Issue Quarterly Dividend of $0.57

Abrdn Healthcare Investors (NYSE:HQH - Get Free Report) announced a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.57 per share by the financial services provider on Monday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 12.70%. The ex-dividend date of this dividend is Friday, February 21st.

Abrdn Healthcare Investors has raised its dividend payment by an average of 101.6% per year over the last three years.

Abrdn Healthcare Investors Price Performance

NYSE:HQH traded up $0.05 during mid-day trading on Friday, reaching $17.95. 144,243 shares of the company's stock were exchanged, compared to its average volume of 208,070. Abrdn Healthcare Investors has a one year low of $15.76 and a one year high of $19.79. The business's fifty day simple moving average is $17.09 and its two-hundred day simple moving average is $17.97.

About Abrdn Healthcare Investors

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.