Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

BOSTON--(BUSINESS WIRE)--On February 10, 2023, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for the distribution is February 21, 2023, and it will be payable on February 28, 2023. The Fund will trade ex-distribution on February 17, 2023.

Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) will have their cash distributions automatically reinvested in shares. For more information about the Fund, visit www.teklacap.com.

Positive

• Monthly cash distribution of $0.1167 per share indicates ongoing income generation.
• Scheduled record and payable dates provide clarity for investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On February 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 February 21, 2023 and the payable date is February 28, 2023. The Fund will trade ex-distribution on February 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/20230210005260/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) announced on February 10, 2023?

The announced cash distribution amount is $0.1167 per share.

When is the record date for the cash distribution of THW?

The record date is February 21, 2023.

What is the ex-distribution date for Tekla World Healthcare Fund (THW)?

The ex-distribution date is February 17, 2023.

When will the cash distribution for THW be payable?

The cash distribution will be payable on February 28, 2023.