Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On April 9, 2021, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share, with an April 20, 2021 record date and a payable date of April 30, 2021. The ex-distribution date is April 19, 2021. This closed-end fund focuses on investments in the healthcare sector, managed by Tekla Capital Management LLC. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (DRIP) will have cash distributions automatically reinvested in shares.

Positive

• Monthly cash distribution of $0.1167 per share.
• Focus on the healthcare sector, which may provide growth opportunities.

Negative

• None.

On April 9, 2021, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is April 20, 2021 and the payable date is April 30, 2021. The Fund will trade ex-distribution on April 19, 2021.

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/20210409005349/en/

FAQ

What is the cash distribution amount for Tekla World Healthcare Fund (THW) in April 2021?

The cash distribution amount is $0.1167 per share.

When is the record date for the April 2021 distribution of THW?

The record date is April 20, 2021.

What is the payable date for the April 2021 distribution of Tekla World Healthcare Fund?

The payable date is April 30, 2021.

When will THW trade ex-distribution?

THW will trade ex-distribution on April 19, 2021.

Who manages the Tekla World Healthcare Fund (THW)?

The fund is managed by Tekla Capital Management LLC.