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Tekla World Healthcare Fund Declares Monthly Cash Distribution

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On February 9, 2021, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is February 19, 2021, with payment scheduled for February 26, 2021. The Fund's shares will trade ex-distribution on February 18, 2021. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested in Fund shares. Tekla World Healthcare Fund (NYSE: THW) focuses on healthcare investments and is managed by Tekla Capital Management LLC.

Positive
  • Monthly cash distribution of $0.1167 per share reflects ongoing return to shareholders.
  • Scheduled dates provide clarity for investors regarding payment and ex-distribution trading.
Negative
  • None.

On February 9, 2021, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is February 19, 2021 and the payable date is February 26, 2021. The Fund will trade ex-distribution on February 18, 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.

FAQ

What is the cash distribution for Tekla World Healthcare Fund (THW) in February 2021?

The cash distribution is $0.1167 per share.

When is the record date for the THW cash distribution?

The record date is February 19, 2021.

When will the cash distribution for THW be paid?

The payment date is February 26, 2021.

What date will THW trade ex-distribution?

THW will trade ex-distribution on February 18, 2021.

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