Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On April 11, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is April 21, 2022, and the payment will be made on April 29, 2022. The ex-distribution date is April 20, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested. The Fund invests in healthcare companies and is advised by Tekla Capital Management LLC, located in Boston.

Positive

• Monthly cash distribution of $0.1167 per share enhances income for investors.
• Investment in healthcare sector may provide growth potential.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On April 11, 2022, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is April 21, 2022 and the payable date is April 29, 2022. The Fund will trade ex-distribution on April 20, 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/20220411005767/en/

Destra Capital Advisors

THW@destracapital.com

(877)855-3434

Source: Tekla World Healthcare Fund

FAQ

What is the distribution amount declared by Tekla World Healthcare Fund (THW) in April 2022?

Tekla World Healthcare Fund declared a distribution of $0.1167 per share in April 2022.

When is the payable date for THW's April 2022 distribution?

The payable date for THW's April 2022 distribution is April 29, 2022.

What is the record date for THW's cash distribution in April 2022?

The record date for THW's cash distribution is April 21, 2022.

When will Tekla World Healthcare Fund trade ex-distribution in April 2022?

Tekla World Healthcare Fund will trade ex-distribution on April 20, 2022.