Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On September 9, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is September 20, 2022, with the payable date set for September 30, 2022. The Fund will trade ex-distribution on September 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have these distributions automatically reinvested.

Tekla World Healthcare Fund focuses on investments in the healthcare sector and is advised by Tekla Capital Management LLC.

BOSTON--(BUSINESS WIRE)-- On September 9, 2022, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is September 20, 2022 and the payable date is September 30, 2022. The Fund will trade ex-distribution on September 19, 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/20220909005341/en/

Destra Capital Advisors

THW@destracapital.com

(877)855-3434

Source: Tekla World Healthcare Fund

FAQ

What is the monthly cash distribution announced by Tekla World Healthcare Fund (THW) in September 2022?

Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share on September 9, 2022.

When is the record date for Tekla World Healthcare Fund's distribution in September 2022?

The record date for the distribution is September 20, 2022.

When will the cash distribution for THW be payable?

The cash distribution will be payable on September 30, 2022.

When will Tekla World Healthcare Fund trade ex-distribution?

THW will trade ex-distribution on September 19, 2022.

What is the Dividend Reinvestment and Stock Purchase Plan for THW?

Participants in the Fund’s DRIP have their cash distributions automatically reinvested in shares of the Fund.