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

Tekla World Healthcare Fund (NYSE:THW) announced a monthly dividend on Wednesday, January 9th, Wall Street Journal reports. Shareholders 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 of this dividend is Thursday, January 17th.

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

Shares of Tekla World Healthcare Fund stock traded up $0.25 during trading on Wednesday, hitting $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 other news, President Daniel R. Omstead purchased 9,400 shares of the firm’s stock in a transaction dated Wednesday, December 26th. The shares were purchased at an average price of $11.11 per share, with a total value of $104,434.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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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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