Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On March 10, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is set for March 21, 2022, with payments scheduled for March 31, 2022. The fund will trade ex-distribution on March 18, 2022. Only participants in the Dividend Reinvestment and Stock Purchase Plan will have distributions reinvested automatically. Tekla Capital Management LLC manages the fund, which focuses on healthcare investments.

Positive

• Monthly cash distribution of $0.1167 per share declared.
• Scheduled record and payment dates provide clear timelines for investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On March 10, 2022, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is March 21, 2022 and the payable date is March 31, 2022. The Fund will trade ex-distribution on March 18, 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/20220310005725/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 in March 2022?

The cash distribution amount is $0.1167 per share.

When is the record date for the March 2022 distribution of THW?

The record date is March 21, 2022.

What is the payable date for the March 2022 distribution for THW?

The payable date is March 31, 2022.

When will THW trade ex-distribution?

THW will trade ex-distribution on March 18, 2022.

Who manages Tekla World Healthcare Fund?

Tekla Capital Management LLC manages the fund.