Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On August 10, 2021, Tekla World Healthcare Fund declared a monthly cash distribution of $0.1167 per share. The record date for this distribution is August 20, 2021, with payments scheduled for August 31, 2021. Shares will trade ex-distribution on August 19, 2021. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will automatically reinvest cash distributions in additional shares. Tekla World Healthcare Fund invests in healthcare companies and is advised by Tekla Capital Management LLC.

Positive

• Monthly cash distribution of $0.1167 per share indicates ongoing income for shareholders.
• Consistent distributions attract investors seeking reliable income.

Negative

• None.

On August 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 August 20, 2021 and the payable date is August 31, 2021. The Fund will trade ex-distribution on August 19, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210810005654/en/

FAQ

What is the monthly cash distribution amount for Tekla World Healthcare Fund (THW)?

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

When is the record date for the cash distribution of THW?

The record date for the cash distribution of THW is August 20, 2021.

When will the cash distribution for THW be paid out?

The cash distribution for THW will be paid out on August 31, 2021.

What date will THW trade ex-distribution?

THW will trade ex-distribution on August 19, 2021.

How can I reinvest my cash distributions from Tekla World Healthcare Fund (THW)?

Cash distributions can be automatically reinvested in shares of the Fund if you participate in the Dividend Reinvestment and Stock Purchase Plan.