Tekla World Healthcare Fund (NYSE:THW) declared a monthly dividend on Tuesday, September 11th, Wall Street Journal reports. Shareholders of record on Thursday, September 20th will be paid a dividend of 0.1167 per share on Friday, September 28th. This represents a $1.40 annualized dividend and a yield of 10.33%. The ex-dividend date of this dividend is Wednesday, September 19th.
Shares of THW traded down $0.20 during trading hours on Friday, reaching $13.56. 87,651 shares of the company’s stock traded hands, compared to its average volume of 108,887. Tekla World Healthcare Fund has a 12 month low of $12.47 and a 12 month high of $14.83.
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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