Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On October 10, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is October 20, 2022, with payments scheduled for October 31, 2022. Shares will trade ex-distribution on October 19, 2022. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. The Fund focuses on investments in the healthcare industry, advised by Tekla Capital Management LLC.

BOSTON--(BUSINESS WIRE)-- On October 10, 2022, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is October 20, 2022 and the payable date is October 31, 2022. The Fund will trade ex-distribution on October 19, 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/20221010005526/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) in October 2022?

The cash distribution amount for Tekla World Healthcare Fund (THW) in October 2022 is $0.1167 per share.

When is the record date for the THW cash distribution?

The record date for the THW cash distribution is October 20, 2022.

What is the payable date for the cash distribution of THW?

The payable date for the cash distribution of THW is October 31, 2022.

When will THW trade ex-distribution?

THW will trade ex-distribution on October 19, 2022.

Who is the investment adviser for Tekla World Healthcare Fund?

The investment adviser for Tekla World Healthcare Fund is Tekla Capital Management LLC.