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Tekla World Healthcare Fund Declares Monthly Cash Distribution

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On January 11, 2021, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share. The record date is January 21, 2021, with payment scheduled for January 29, 2021. The Fund will trade ex-distribution on January 20, 2021. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (DRIP) will see automatic reinvestment of distributions. Tekla World Healthcare Fund, listed under the ticker THW, focuses on investments in the healthcare sector and is managed by Tekla Capital Management LLC.

Positive
  • Monthly cash distribution of $0.1167 per share enhances shareholder return.
  • Fund targets healthcare sector which may benefit from market growth.
Negative
  • None.

On January 11, 2021, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is January 21, 2021 and the payable date is January 29, 2021. The Fund will trade ex-distribution on January 20, 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.

FAQ

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

The cash distribution amount for January 2021 is $0.1167 per share.

When is the record date for the THW cash distribution?

The record date for the cash distribution is January 21, 2021.

When will Tekla World Healthcare Fund (THW) pay its cash distribution?

The cash distribution will be payable on January 29, 2021.

What is the ex-distribution date for THW?

The ex-distribution date for Tekla World Healthcare Fund is January 20, 2021.

Who manages Tekla World Healthcare Fund (THW)?

Tekla Capital Management LLC manages Tekla World Healthcare Fund.

abrdn World Healthcare Fund

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