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Abrdn Healthcare Investors (HQH)

Financial Services | Asset Management | Philadelphia, United States | NYSE
19.55 USD -0.19 (-0.963%) ⇩ (April 22, 2026, 4 p.m. EDT)

Short-term:☆☆☆☆☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | April 18, 2026, 11:22 p.m. EDT

High-conviction short-term bearish signal driven by unsustainable dividend payout ratio (139%), deteriorating operational margins, and mean-reversion pressure despite recent price momentum. While the recent 3-week price rally shows technical strength, the underlying fundamentals (negative operating margins, revenue contraction, and return on assets near zero) suggest a wealth destruction trap that outweighs technical momentum, making it a likely destination for downside risk in the near term. Long-term remains neutral to slightly bearish due to balance sheet strain and growth decay, but the dividend yield of 12.75% is a premium the market cannot sustain given the 139% payout ratio, indicating imminent danger to the investment thesis.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.028068
MSTL0.028656
AutoTheta0.039348
AutoARIMA0.063884

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 56%
H-stat 2.45
Ljung-Box p 0.000
Jarque-Bera p 0.703
Excess Kurtosis -0.52
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-02-19
Last Dividend Date 2026-02-19
Revenue per Share 0.136
Market Cap 1,118,108,160
Trailing P/E 12.14
Beta 0.73
Profit Margins 1309.02%
Previous Name Tekla Healthcare Investors

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.19% 13.52% 14.45% 14.00%
Dividend History
Date Dividend Yield %
2026-02-20 0.630 3.188259
2025-11-21 0.570 3.175534
2025-08-22 0.510 3.313974
2025-05-22 0.540 3.839154
2025-02-21 0.570 3.672690
2024-11-21 0.620 4.231885
2024-08-23 0.590 3.777364
2024-05-22 0.590 4.396931
2024-02-21 0.480 3.663955
2023-11-21 0.380 3.437828
2023-08-24 0.400 3.325136
2023-05-24 0.400 3.312681
2023-02-24 0.420 3.350180
2022-11-23 0.390 3.078200
2022-08-25 0.400 3.024518
2022-05-26 0.440 3.434396
2022-02-24 0.480 3.805045
2021-11-23 0.510 3.378014
2021-08-26 0.520 3.154728
2021-05-27 0.500 3.427879
2021-02-25 0.510 3.482660
2020-12-30 0.050 0.369525
2020-11-25 0.480 3.841317
2020-08-27 0.490 4.170710
2020-05-28 0.410 3.543259
2020-02-27 0.470 4.479522
2019-11-26 0.410 3.799524
2019-08-27 0.450 4.652819
2019-05-30 0.450 4.662548
2019-02-27 0.410 3.990970
2018-11-27 0.510 5.194868
2018-08-27 0.470 4.342948
2018-05-31 0.470 4.785117
2018-02-27 0.480 4.659818
2017-11-27 0.520 5.293738
2017-08-24 0.510 4.892433
2017-05-30 0.500 4.874243
2017-02-24 0.450 4.560535
2016-11-23 0.500 5.301761
2016-08-25 0.470 4.635929
2016-05-24 0.490 5.002526
2016-02-26 0.610 6.821834
2015-12-28 0.940 8.469920
2015-11-23 0.590 5.165952
2015-08-26 0.710 6.161036
2015-05-22 0.680 5.442627
2015-02-26 0.630 5.204897
2014-11-24 0.590 5.492897
2014-08-27 0.560 5.992001
2014-05-23 0.540 5.669625
2014-02-27 0.530 5.422425
2013-11-25 0.500 6.166795
2013-08-27 0.440 6.338872
2013-05-23 0.420 6.199926
2013-02-27 0.370 6.457512
2012-11-19 0.380 7.572706
2012-08-20 0.360 7.340551
2012-05-21 0.360 8.034963
2012-02-17 0.310 7.290272
2011-11-17 0.290 8.130090
2011-08-19 0.340 10.247198
2011-05-20 0.320 8.074097
2011-02-16 0.310 8.651343
2010-11-18 0.290 9.461352
2010-08-19 0.170 6.348820
2010-05-20 0.200 7.383459
2009-05-20 0.250 10.469957
2009-02-20 0.270 11.082934
2009-02-18 0.270 11.116470
2008-11-21 0.330 17.282636
2008-11-19 0.330 15.850255
2008-08-22 0.330 10.421948
2008-08-20 0.330 10.471700
2008-05-23 0.340 11.810381
2008-05-21 0.340 12.050493
2008-02-20 0.380 12.864011
2007-11-19 0.380 13.119496
2007-08-20 0.370 12.620977
2007-05-23 0.360 11.899875
2007-02-20 0.350 11.649414
2006-11-17 0.360 13.268901
2006-09-06 0.340 12.569879
2006-06-07 0.390 14.550760
2006-02-16 0.370 12.778842
2005-11-17 0.510 18.712594
2005-08-18 0.360 13.153260
2005-05-24 0.350 13.599344
2005-02-17 0.370 14.677367
2004-11-18 0.360 13.895405
2004-08-18 0.381 16.629835
2004-05-21 0.420 15.030112
2004-02-18 0.390 14.299634
2003-11-24 0.610 25.970720
2003-08-07 0.390 18.341777
2003-05-15 0.330 16.551827
2003-02-18 0.350 20.123443
2002-11-20 1.100 62.612325
2002-08-07 0.410 25.062377
2002-05-21 0.510 23.581799
2002-02-15 0.610 26.533633
2001-11-16 1.650 65.355968
2001-08-07 0.660 27.286407
2001-05-08 0.530 23.960456
2001-02-14 0.640 28.463431
2000-11-20 2.950 130.415790
2000-08-21 0.850 34.636563
2000-05-19 0.740 38.150042
2000-02-17 0.550 18.551110
1999-11-16 1.330 116.658422
1998-11-20 0.280 28.872287
1997-11-19 1.070 100.690168
1996-11-14 4.490 457.558083
1995-11-21 1.220 148.913802
1991-12-19 0.960 90.449074
1988-12-21 0.005 1.892360
1987-12-21 0.020 8.436491
Additional Data
dividendRate 2.52
dividendYield 12.89
exDividendDate 2026-02-20
trailingAnnualDividendRate 2.24
trailingAnnualDividendYield 0.11347518
lastDividendValue 0.63
lastDividendDate 2026-02-20
dividendDate 2018-12-31

Info Dump

Attribute Value
52 Week Change 0.21202731
Address1 1,900 Market Street
Address2 Suite 200
All Time High 41.0
All Time Low 4.25
Ask 19.6
Ask Size 600
Average Daily Volume10 Day 147,030
Average Daily Volume3 Month 173,132
Average Volume 173,132
Average Volume10Days 147,030
Beta 0.726
Bid 19.44
Bid Size 200
Book Value 19.705
City Philadelphia
Compensation As Of Epoch Date 1,388,448,000
Country United States
Crypto Tradeable 0
Currency USD
Current Price 19.55
Current Ratio 0.766
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 19.89
Day Low 19.48
Dividend Date 1,546,214,400
Dividend Rate 2.52
Dividend Yield 12.89
Earnings Growth 0.911
Earnings Quarterly Growth 1.035
Ebitda Margins 0.0
Enterprise To Revenue 144.056
Enterprise Value 1,085,226,752
Eps Trailing Twelve Months 1.61
Esg Populated 0
Ex Dividend Date 1,771,545,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.8464
Fifty Day Average Change 0.70359993
Fifty Day Average Change Percent 0.037333388
Fifty Two Week Change Percent 21.202732
Fifty Two Week High 20.46
Fifty Two Week High Change -0.90999985
Fifty Two Week High Change Percent -0.044477023
Fifty Two Week Low 15.09
Fifty Two Week Low Change 4.459999
Fifty Two Week Low Change Percent 0.2955599
Fifty Two Week Range 15.09 - 20.46
Financial Currency USD
First Trade Date Milliseconds 546,183,000,000
Five Year Avg Dividend Yield 10.56
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 7,533,359
Has Pre Post Market Data 1
Held Percent Insiders 0.000020000001
Held Percent Institutions 0.23
Implied Shares Outstanding 57,192,236
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,771,545,600
Last Dividend Value 0.63
Last Fiscal Year End 1,759,190,400
Long Business Summary 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. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as current or anticipated market position for services or products, experienced business management, recognized technological expertise, and the ability either to generate funds internally to finance growth or to secure outside sources of capital to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotechnology Index, the S&P 500 Index, and the S&P 1500 Healthcare Index. Abrdn Healthcare Investors was formed on October 31, 1986 and is domiciled in the United States.
Long Name Abrdn Healthcare Investors
Market us_market
Market Cap 1,118,108,160
Market State PRE
Max Age 86,400
Message Board Id finmb_353071
Most Recent Quarter 1,759,190,400
Name Change Date 2,026-04-21
Net Income To Common 98,613,280
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 1,118,108,213
Open 19.88
Operating Margins -0.88141996
Payout Ratio 1.3913001
Phone 215 405 5700
Pre Market Change 0.010000229
Pre Market Change Percent 0.05115207
Pre Market Price 19.56
Pre Market Time 1,776,933,886
Prev Name Tekla Healthcare Investors
Previous Close 19.74
Price Hint 2
Price To Book 0.9921339
Price To Sales Trailing12 Months 148.42093
Profit Margins 13.09021
Quick Ratio 0.744
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.190001
Regular Market Change Percent -0.962515
Regular Market Day High 19.89
Regular Market Day Low 19.48
Regular Market Day Range 19.48 - 19.89
Regular Market Open 19.88
Regular Market Previous Close 19.74
Regular Market Price 19.55
Regular Market Time 1,776,888,002
Regular Market Volume 109,184
Return On Assets -0.0018600001
Return On Equity 0.09159
Revenue Growth -0.487
Revenue Per Share 0.136
Sand P52 Week Change 0.30140376
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 57,192,236
Shares Percent Shares Out 0.0011
Shares Short 77,130
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 101,941
Short Name Tekla Healthcare Investors
Short Ratio 0.63
Source Interval 15
State PA
Symbol HQH
Total Cash 59
Total Cash Per Share 0.0
Total Debt 0
Total Revenue 7,533,359
Tradeable 0
Trailing Annual Dividend Rate 2.24
Trailing Annual Dividend Yield 0.11347518
Trailing Eps 1.61
Trailing P E 12.142857
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.1604
Two Hundred Day Average Change 1.3895988
Two Hundred Day Average Change Percent 0.07651807
Type Disp Equity
Volume 109,184
Zip 19,103