Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On February 8, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is February 18, 2022, and payments will be made on February 28, 2022. The Fund will trade ex-distribution on February 17, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested in shares.

Tekla Capital Management LLC, based in Boston, serves as the Investment Adviser for the Fund.

Positive

• Monthly cash distribution of $0.1167 per share indicates a continued return to investors.
• The Fund operates in the healthcare sector, potentially benefiting from industry growth.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On February 8, 2022, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is February 18, 2022 and the payable date is February 28, 2022. The Fund will trade ex-distribution on February 17, 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/20220208005992/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 February 2022?

The cash distribution amount for February 2022 is $0.1167 per share.

What are the key dates for the February 2022 distribution for THW?

The record date is February 18, 2022, and the payable date is February 28, 2022.

When will THW trade ex-distribution?

THW will trade ex-distribution on February 17, 2022.

Who manages the Tekla World Healthcare Fund (THW)?

Tekla Capital Management LLC manages the Tekla World Healthcare Fund.