abrdn Healthcare Investors (NYSE:HQH – Get Free Report) announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.66 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date of this dividend is Monday, August 24th.

Shares of HQH stock traded up $0.12 during mid-day trading on Wednesday, hitting $23.53. The company’s stock had a trading volume of 68,639 shares, compared to its average volume of 188,423. abrdn Healthcare Investors has a 52-week low of $15.99 and a 52-week high of $23.65. The business has a 50-day moving average price of $21.10 and a 200 day moving average price of $19.86.

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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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