Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On April 10, 2023, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is April 20, 2023, with payments scheduled for April 28, 2023. The stock will trade ex-distribution on April 19, 2023. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will receive cash distributions automatically reinvested in shares of the Fund.

Tekla World Healthcare Fund is a closed-end fund focusing on investments in the healthcare sector, managed by Tekla Capital Management LLC based in Boston. Interested investors can purchase shares through any securities broker on the New York Stock Exchange.

Positive

• Declared monthly cash distribution of $0.1167 per share.
• Record date for distribution on April 20, 2023.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On April 10, 2023, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is April 20, 2023 and the payable date is April 28, 2023. The Fund will trade ex-distribution on April 19, 2023.

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/20230410005255/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 April 2023?

The cash distribution amount is $0.1167 per share.

When is the record date for the THW cash distribution?

The record date is April 20, 2023.

When will the cash distribution for THW be paid?

The cash distribution will be payable on April 28, 2023.

What is the ex-distribution date for THW?

The ex-distribution date is April 19, 2023.

Who manages Tekla World Healthcare Fund (THW)?

Tekla Capital Management LLC manages Tekla World Healthcare Fund.