Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On December 8, 2020, Tekla World Healthcare Fund declared a monthly cash distribution of $0.1167 per share, with a record date of December 18, 2020, and a payable date of December 31, 2020. The Fund will trade ex-distribution on December 17, 2020. Cash distributions will be automatically reinvested in shares for participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan. As a closed-end fund, Tekla World Healthcare Fund, trading under NYSE: THW, focuses on investment in healthcare companies and is advised by Tekla Capital Management LLC.

BOSTON--(BUSINESS WIRE)--On December 8, 2020, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is December 18, 2020 and the payable date is December 31, 2020. The Fund will trade ex-distribution on December 17, 2020.

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.