Tekla World Healthcare Fund (NYSE:THW) announced a — dividend on Wednesday, September 11th, Wall Street Journal reports. Investors of record on Friday, September 20th will be given 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 increased its dividend payment by an average of 44.2% annually over the last three years.
Shares of THW traded down $0.01 during midday trading on Thursday, hitting $13.48. The stock had a trading volume of 501 shares, compared to its average volume of 122,338. Tekla World Healthcare Fund has a 1 year low of $10.80 and a 1 year high of $14.10. The stock’s 50 day moving average is $13.28 and its 200 day moving average is $12.82.
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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