Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On December 9, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is December 19, 2022, with a payable date of December 30, 2022. Investors should note that the ex-distribution date is set for December 16, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions reinvested automatically.

The Fund focuses on investing in healthcare companies and is advised by Tekla Capital Management LLC.

Positive

• Monthly cash distribution of $0.1167 per share.
• Scheduled record date and payable date provide clarity for investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On December 9, 2022, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is December 19, 2022 and the payable date is December 30, 2022. The Fund will trade ex-distribution on December 16, 2022.

Note that only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (“DRIP”) will have cash distributions automatically reinvested in shares of the Fund.

Tekla World Healthcare Fund (NYSE: THW) is a closed-end fund that invests in companies in the healthcare industry. Tekla Capital Management LLC, based in Boston, serves as Investment Adviser to the Fund. Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker.

Information regarding the Fund and Tekla Capital Management LLC can be found at www.teklacap.com.

Please contact Destra Capital Advisors, the Fund’s marketing and investor support services agent, at THW@destracapital.com or call (877) 855-3434 if you have any questions regarding THW.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221209005386/en/

Destra Capital Advisors

THW@destracapital.com

(877) 855-3434

Source: Tekla World Healthcare Fund

FAQ

What is the cash distribution amount for Tekla World Healthcare Fund (THW) announced on December 9, 2022?

The cash distribution amount is $0.1167 per share.

What are the key dates for the Tekla World Healthcare Fund (THW) distribution?

The record date is December 19, 2022, and the payable date is December 30, 2022.

When will Tekla World Healthcare Fund (THW) trade ex-distribution?

The Fund will trade ex-distribution on December 16, 2022.

Who manages the Tekla World Healthcare Fund (THW)?

The Fund is managed by Tekla Capital Management LLC.