Tekla World Healthcare Fund (THW) Announces Monthly Dividend of $0.12

Tekla World Healthcare Fund (NYSE:THW) announced a monthly dividend on Wednesday, January 9th, Wall Street Journal reports. Investors of record on Friday, January 18th will be paid a dividend of 0.1167 per share on Thursday, January 31st. This represents a $1.40 dividend on an annualized basis and a yield of 11.19%. The ex-dividend date is Thursday, January 17th.

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

Tekla World Healthcare Fund stock traded up $0.25 during midday trading on Wednesday, reaching $12.51. The stock had a trading volume of 91,419 shares, compared to its average volume of 177,903. Tekla World Healthcare Fund has a 12 month low of $10.80 and a 12 month high of $14.72.

In related news, President Daniel R. Omstead purchased 9,400 shares of the business’s stock in a transaction on Wednesday, December 26th. The stock was acquired at an average price of $11.11 per share, for a total transaction of $104,434.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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Tekla World Healthcare Fund Company Profile

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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