Tekla World Healthcare Fund (THW) to Issue Monthly Dividend of $0.12
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.
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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