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Tekla World Healthcare Fund Declares Monthly Cash Distribution

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On May 10, 2021, Tekla World Healthcare Fund declared a monthly cash distribution of $0.1167 per share for its investors. The record date is set for May 20, 2021, and payments will be made on May 28, 2021. The Fund will trade ex-distribution on May 19, 2021. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) will automatically reinvest their cash distributions. The Fund primarily invests in the healthcare sector and is managed by Tekla Capital Management LLC.

Positive
  • Monthly cash distribution of $0.1167 per share announced.
  • Consistent dividend payments may attract more investors.
Negative
  • None.

On May 10, 2021, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is May 20, 2021 and the payable date is May 28, 2021. The Fund will trade ex-distribution on May 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.

FAQ

What is the monthly cash distribution amount for THW?

The monthly cash distribution amount for Tekla World Healthcare Fund (THW) is $0.1167 per share.

When is the record date for THW's distribution?

The record date for the distribution is May 20, 2021.

When will the cash distribution for THW be payable?

The cash distribution for THW will be payable on May 28, 2021.

What is the ex-distribution date for THW?

The ex-distribution date for THW is May 19, 2021.

abrdn World Healthcare Fund

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Asset Management
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United States of America
Boston