abrdn Healthcare Investors (NYSE:HQH) Plans Dividend Increase – $0.57 Per Share

abrdn Healthcare Investors (NYSE:HQH) announced a quarterly dividend on Tuesday, November 11th. Stockholders of record on Friday, November 21st will be paid a dividend of 0.57 per share by the financial services provider on Monday, January 12th. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date of this dividend is Friday, November 21st. This is a 11.8% increase from abrdn Healthcare Investors’s previous quarterly dividend of $0.51.

abrdn Healthcare Investors Stock Up 1.6%

Shares of NYSE HQH traded up $0.30 during midday trading on Wednesday, hitting $18.87. 208,639 shares of the company’s stock were exchanged, compared to its average volume of 209,174. The business’s fifty day moving average price is $18.07 and its two-hundred day moving average price is $16.61. abrdn Healthcare Investors has a 12-month low of $13.77 and a 12-month high of $19.69.

abrdn Healthcare Investors Company Profile

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.