Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On January 10, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share, with a record date of January 20, 2022 and payable date on January 31, 2022. The fund will trade ex-distribution on January 19, 2022. Investors participating in the Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested. The fund focuses on healthcare investments and is managed by Tekla Capital Management LLC, based in Boston.

Positive

• Monthly cash distribution of $0.1167 per share.
• Participation in the Dividend Reinvestment and Stock Purchase Plan.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On January 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 January 20, 2022 and the payable date is January 31, 2022. The Fund will trade ex-distribution on January 19, 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/20220110005774/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 (THW)?

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

What are the record and payable dates for THW's January 2022 cash distribution?

The record date is January 20, 2022, and the payable date is January 31, 2022.

When will THW trade ex-distribution?

THW will trade ex-distribution on January 19, 2022.