Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On March 10, 2023, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is March 20, 2023, with a payable date of March 31, 2023. The Fund will trade ex-distribution on March 17, 2023. Notably, only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions reinvested automatically in Fund shares. Tekla Capital Management LLC, based in Boston, serves as the Fund's Investment Adviser. Shares of the Fund are available for purchase on the New York Stock Exchange.

Positive

• Announced a monthly cash distribution of $0.1167 per share.
• Distribution is part of a Dividend Reinvestment and Stock Purchase Plan.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On March 10, 2023, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is March 20, 2023 and the payable date is March 31, 2023. The Fund will trade ex-distribution on March 17, 2023.

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/20230310005287/en/

Destra Capital Advisors

THW@destracapital.com

(877) 855-3434

Source: Tekla World Healthcare Fund

FAQ

What is the cash distribution amount for THW in March 2023?

Tekla World Healthcare Fund (THW) announced a cash distribution of $0.1167 per share for March 2023.

When is the record date for the THW cash distribution?

The record date for the THW cash distribution is March 20, 2023.

When will the THW cash distribution be paid?

The cash distribution for THW will be payable on March 31, 2023.

What is the ex-distribution date for THW?

The ex-distribution date for THW is March 17, 2023.