GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tekla World Healthcare Fund (NYSE:THW) » Definitions » Dividend Payout Ratio

Tekla World Healthcare Fund (Tekla World Healthcare Fund) Dividend Payout Ratio : 0.00 (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Tekla World Healthcare Fund Dividend Payout Ratio?

Tekla World Healthcare Fund's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tekla World Healthcare Fund is 1.39, which seems too high.

The historical rank and industry rank for Tekla World Healthcare Fund's Dividend Payout Ratio or its related term are showing as below:

THW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.31   Max: 1.63
Current: 1.39


During the past 7 years, the highest Dividend Payout Ratio of Tekla World Healthcare Fund was 1.63. The lowest was 0.57. And the median was 1.31.

THW's Dividend Payout Ratio is ranked worse than
75.75% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs THW: 1.39

As of today (2024-04-25), the Dividend Yield % of Tekla World Healthcare Fund is 11.12%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Tekla World Healthcare Fund was 14.64%. The lowest was 8.08%. And the median was 10.05%.

Tekla World Healthcare Fund's Dividends per Share for the months ended in Sep. 2023 was $0.70.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Tekla World Healthcare Fund Dividend Payout Ratio Historical Data

The historical data trend for Tekla World Healthcare Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tekla World Healthcare Fund Dividend Payout Ratio Chart

Tekla World Healthcare Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Payout Ratio
Get a 7-Day Free Trial - 0.69 0.57 - 1.39

Tekla World Healthcare Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 2.41 - 0.57 -

Competitive Comparison of Tekla World Healthcare Fund's Dividend Payout Ratio

For the Asset Management subindustry, Tekla World Healthcare Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tekla World Healthcare Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tekla World Healthcare Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tekla World Healthcare Fund's Dividend Payout Ratio falls into.



Tekla World Healthcare Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tekla World Healthcare Fund's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2023 )/ EPS without NRI (A: Sep. 2023 )
=1.4/ 1.01
=1.39

Tekla World Healthcare Fund's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.7/ -0.211
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tekla World Healthcare Fund (NYSE:THW) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Tekla World Healthcare Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tekla World Healthcare Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tekla World Healthcare Fund (Tekla World Healthcare Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Tekla World Healthcare Fund is a diversified closed-end management investment company. Its investment objective is to seek current income and long-term capital appreciation through investments in U.S. and non-U.S. companies engaged in the healthcare industry. The company's investment portfolio comprises investments in different sub-sectors such as pharmaceuticals and biotechnology, healthcare providers and services, real estate investment trusts, medical devices and diagnostics, and other areas.
Executives
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
James Joseph O'connor other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Todd Reit director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Aberdeen Standard Investments Inc. other: Adviser 1900 MARKET ST., 2ND FLOOR, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Lucia Sitar officer: VP and Chief Legal Officer 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer A Nichols other: Director of Adviser 1735 MARKET STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Christian Pittard officer: President ONE BOW CHURCHYARD, LONDON X0 EC4M 9HH
Megan Kennedy officer: Secretary and Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sharon Ferrari officer: Treasurer and CFO 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Alan R Goodson officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Joseph Andolina officer: Chief Compliance Officer & VP 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Rose Dimartino director C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103

Tekla World Healthcare Fund (Tekla World Healthcare Fund) Headlines

From GuruFocus

Tekla World Healthcare Fund Paid Distribution

By Business Wire Business Wire 10-31-2022

Tekla World Healthcare Fund Paid Distribution

By Business Wire 06-30-2023

Tekla World Healthcare Fund Paid Distribution

By Business Wire Business Wire 11-30-2022

Tekla World Healthcare Fund Declares Monthly Cash Distribution

By Business Wire Business Wire 12-09-2022

Tekla World Healthcare Fund Declares Monthly Cash Distribution

By Business Wire Business Wire 02-10-2023

Tekla World Healthcare Fund Paid Distribution

By Business Wire 08-31-2023

Tekla World Healthcare Fund Paid Distribution

By Business Wire Business Wire 01-31-2023

Tekla World Healthcare Fund Paid Distribution

By Business Wire Business Wire 04-28-2023