Tekla World Healthcare Fund (NYSE:THW) declared a monthly dividend on Monday, February 11th, Wall Street Journal reports. Shareholders of record on Wednesday, February 20th will be given a dividend of 0.1167 per share on Thursday, February 28th. This represents a $1.40 annualized dividend and a yield of 10.92%. The ex-dividend date is Tuesday, February 19th.

Tekla World Healthcare Fund has increased its dividend by an average of 44.2% annually over the last three years.

NYSE:THW traded down $0.09 during trading hours on Monday, hitting $12.83. The company’s stock had a trading volume of 77,455 shares, compared to its average volume of 112,077. Tekla World Healthcare Fund has a 52-week low of $10.80 and a 52-week high of $14.20.

In other Tekla World Healthcare Fund news, President Daniel R. Omstead acquired 9,400 shares of the business’s stock in a transaction on Wednesday, December 26th. The stock was purchased at an average price of $11.11 per share, for a total transaction of $104,434.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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About Tekla World Healthcare Fund

Tekla World Healthcare Fund is a closed-ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector. For its fixed income portion, the fund primarily invests in corporate debt securities.

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Dividend History for Tekla World Healthcare Fund (NYSE:THW)

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