Abrdn Healthcare Opportunities Fund (NYSE:THQ) Declares $0.18 Monthly Dividend

Abrdn Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be given a dividend of 0.18 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 11.4%. The ex-dividend date of this dividend is Thursday, July 23rd.

Abrdn Healthcare Opportunities Fund Stock Up 0.9%

THQ stock opened at $18.90 on Tuesday. The firm’s fifty day simple moving average is $18.57 and its 200-day simple moving average is $18.57. Abrdn Healthcare Opportunities Fund has a 12 month low of $15.14 and a 12 month high of $20.39.

Institutional Investors Weigh In On Abrdn Healthcare Opportunities Fund

Several large investors have recently bought and sold shares of THQ. Northwestern Mutual Wealth Management Co. raised its stake in Abrdn Healthcare Opportunities Fund by 216.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,224 shares of the company’s stock worth $81,000 after purchasing an additional 2,891 shares during the period. Comerica Bank boosted its position in Abrdn Healthcare Opportunities Fund by 30.3% in the 3rd quarter. Comerica Bank now owns 11,244 shares of the company’s stock valued at $194,000 after buying an additional 2,613 shares during the period. CoreCap Advisors LLC acquired a new position in Abrdn Healthcare Opportunities Fund during the 2nd quarter worth $208,000. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Abrdn Healthcare Opportunities Fund during the first quarter worth about $228,000. Finally, Fifth Third Bancorp acquired a new position in Abrdn Healthcare Opportunities Fund during the 1st quarter worth approximately $232,000.

Abrdn Healthcare Opportunities Fund Company Profile

Abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund invests primarily in equity and debt securities issued by companies across the healthcare industry, including pharmaceuticals, biotechnology, medical devices, healthcare services and health insurance. It trades on the New York Stock Exchange under the symbol THQ.

With a sector-focused approach, the fund’s portfolio is weighted toward companies demonstrating strong growth potential, resilient cash flows and innovative product pipelines.