Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On June 8, 2021, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share, with the record date set for June 18, 2021 and a payable date of June 30, 2021. The fund will trade ex-distribution on June 17, 2021. Only participants in the Dividend Reinvestment and Stock Purchase Plan (DRIP) will automatically reinvest their cash distributions in shares of the Fund. The Fund focuses on investing in healthcare companies and is managed by Tekla Capital Management LLC, based in Boston.

Positive

• Monthly cash distribution of $0.1167 per share highlights consistent returns for investors.
• Scheduled distribution dates provide clarity for shareholders.

Negative

• None.

On June 8, 2021, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 per share. The record date for the monthly cash distribution is June 18, 2021 and the payable date is June 30, 2021. The Fund will trade ex-distribution on June 17, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210608005927/en/

FAQ

What is the monthly distribution amount for Tekla World Healthcare Fund (THW)?

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

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

The cash distribution for Tekla World Healthcare Fund (THW) will be payable on June 30, 2021.

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

The ex-distribution date for Tekla World Healthcare Fund (THW) is June 17, 2021.

Who manages Tekla World Healthcare Fund (THW)?

Tekla Capital Management LLC manages the Tekla World Healthcare Fund (THW).

Can I reinvest my cash distribution in Tekla World Healthcare Fund (THW)?

Yes, participants in the Dividend Reinvestment and Stock Purchase Plan (DRIP) can automatically reinvest their cash distributions in shares of the Fund.