Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On September 10, 2021, the Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The distribution's record date is September 20, 2021, with a payable date of September 30, 2021. The ex-distribution trading date is set for September 17, 2021. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested in shares of the Fund. Tekla Capital Management LLC, based in Boston, serves as the Investment Adviser to the Fund.

Positive

• Monthly cash distribution of $0.1167 per share reflects a commitment to returning value to shareholders.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On September 10, 2021, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is September 20, 2021 and the payable date is September 30, 2021. The Fund will trade ex-distribution on September 17, 2021.

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/20210910005375/en/

Destra Capital Advisors

(877)855-3434

THW@destracapital.com

Source: Tekla World Healthcare Fund

FAQ

What is the cash distribution announced by Tekla World Healthcare Fund on September 10, 2021?

The Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share.

When is the record date for the distribution by THW?

The record date for the distribution is September 20, 2021.

What is the payable date for Tekla World Healthcare Fund's cash distribution?

The payable date for the cash distribution is September 30, 2021.

What does ex-distribution mean for THW?

The ex-distribution trading date for THW is September 17, 2021.

How can shareholders participate in the THW's Dividend Reinvestment Plan?

Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have cash distributions automatically reinvested.