abrdn Healthcare Investors (NYSE:HQH – Get Free Report) declared a quarterly dividend on Thursday, November 9th, Zacks reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.38 per share by the financial services provider on Wednesday, January 10th. This represents a $1.52 annualized dividend and a yield of 9.94%. The ex-dividend date is Tuesday, November 21st.
abrdn Healthcare Investors has decreased its dividend payment by an average of 0.2% annually over the last three years and has raised its dividend every year for the last 1 years.
abrdn Healthcare Investors Trading Up 1.4 %
Shares of HQH opened at $15.29 on Friday. abrdn Healthcare Investors has a fifty-two week low of $14.31 and a fifty-two week high of $19.60. The firm has a 50-day simple moving average of $15.37 and a 200-day simple moving average of $16.47.
Insider Activity at abrdn Healthcare Investors
Institutional Trading of abrdn Healthcare Investors
Several hedge funds have recently made changes to their positions in HQH. HighTower Advisors LLC increased its stake in shares of abrdn Healthcare Investors by 10.3% during the first quarter. HighTower Advisors LLC now owns 18,731 shares of the financial services provider’s stock worth $387,000 after acquiring an additional 1,756 shares during the period. Cetera Advisor Networks LLC increased its position in abrdn Healthcare Investors by 11.8% during the 1st quarter. Cetera Advisor Networks LLC now owns 24,506 shares of the financial services provider’s stock worth $509,000 after purchasing an additional 2,585 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of abrdn Healthcare Investors by 89.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 28,670 shares of the financial services provider’s stock worth $596,000 after buying an additional 13,500 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of abrdn Healthcare Investors by 33.5% in the 1st quarter. NewEdge Advisors LLC now owns 29,929 shares of the financial services provider’s stock valued at $622,000 after buying an additional 7,510 shares during the period. Finally, Equitable Holdings Inc. boosted its stake in shares of abrdn Healthcare Investors by 2.3% in the first quarter. Equitable Holdings Inc. now owns 26,340 shares of the financial services provider’s stock valued at $547,000 after buying an additional 582 shares in the last quarter. Institutional investors and hedge funds own 18.55% of the company’s stock.
About abrdn Healthcare Investors
Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. 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.
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