Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On December 10, 2021, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is December 20, 2021, with a payable date set for December 31, 2021. Shares will trade ex-distribution on December 17, 2021. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested. Tekla Capital Management LLC manages the Fund, which focuses on healthcare investments.

Positive

• Monthly cash distribution of $0.1167 per share announced.
• Record date for distribution on December 20, 2021.
• Fund managed by an experienced advisor, Tekla Capital Management LLC.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On December 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 December 20, 2021, and the payable date is December 31, 2021. The Fund will trade ex-distribution on December 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/20211210005527/en/

Destra Capital Advisors

THW@destracapital.com

(877)855-3434

Source: Tekla World Healthcare Fund

FAQ

What is the cash distribution amount declared by Tekla World Healthcare Fund (THW)?

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

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

The record date for the cash distribution is December 20, 2021.

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

The payable date for the cash distribution is December 31, 2021.

When will THW shares trade ex-distribution?

THW shares will trade ex-distribution on December 17, 2021.

Who manages the Tekla World Healthcare Fund (THW)?

Tekla Capital Management LLC serves as the Investment Adviser to the Tekla World Healthcare Fund.