Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On May 10, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date is May 20, 2022, with payments scheduled for May 31, 2022. Shares will trade ex-distribution on May 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. The Fund, managed by Tekla Capital Management LLC, focuses on investments within the healthcare sector.

Positive

• Declared monthly cash distribution of $0.1167 per share.
• Scheduled pay date of May 31, 2022.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On May 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 May 20, 2022 and the payable date is May 31, 2022. The Fund will trade ex-distribution on May 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/20220510006040/en/

Destra Capital Advisors

THW@destracapital.com

(877)855-3434

Source: Tekla World Healthcare Fund