Tekla World Healthcare Fund (NYSE:THW) declared a — dividend on Wednesday, September 11th, Wall Street Journal reports. Shareholders of record on Friday, September 20th will be paid a dividend of 0.1167 per share on Monday, September 30th. This represents a yield of 10.4%. The ex-dividend date is Thursday, September 19th.
Tekla World Healthcare Fund has raised its dividend by an average of 44.2% annually over the last three years.
Tekla World Healthcare Fund stock traded up $0.17 on Wednesday, reaching $13.49. The company’s stock had a trading volume of 129,500 shares, compared to its average volume of 122,338. The business’s fifty day moving average price is $13.28 and its 200 day moving average price is $12.82. Tekla World Healthcare Fund has a twelve month low of $10.80 and a twelve month high of $14.10.
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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