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Tekla World Healthcare Fund (Tekla World Healthcare Fund) Dividend Yield % : 10.94% (As of May. 04, 2024)


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What is Tekla World Healthcare Fund Dividend Yield %?

As of today (2024-05-04), the Trailing Annual Dividend Yield of Tekla World Healthcare Fund is 10.94%.

Warning Sign:

Tekla World Healthcare Fund stock dividend yield is close to 1-year low.

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

THW' s Dividend Yield % Range Over the Past 10 Years
Min: 8.08   Med: 10.06   Max: 14.64
Current: 10.94

During the past 7 years, the highest Dividend Yield of Tekla World Healthcare Fund was 14.64%. The lowest was 8.08%. And the median was 10.06%.

THW's Dividend Yield % is ranked better than
87.39% of 1213 companies
in the Asset Management industry
Industry Median: 5.57 vs THW: 10.94

Tekla World Healthcare Fund's Dividend Payout Ratio for the six 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.

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.

As of today (2024-05-04), the Forward Dividend Yield % of Tekla World Healthcare Fund is 10.94%.

Tekla World Healthcare Fund's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Tekla World Healthcare Fund's Dividend Yield % 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 Yield % Chart

Tekla World Healthcare Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Get a 7-Day Free Trial 10.42 9.77 8.51 10.89 11.95

Tekla World Healthcare Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.51 9.20 10.89 10.19 11.95

Competitive Comparison of Tekla World Healthcare Fund's Dividend Yield %

For the Asset Management subindustry, Tekla World Healthcare Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Asset Management Industry

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

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



Tekla World Healthcare Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tekla World Healthcare Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1170002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-12-282023-12-292024-01-10Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-10-192023-10-202023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-09-202023-09-212023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-08-182023-08-212023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-07-192023-07-202023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-06-162023-06-202023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1170002023-05-192023-05-222023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tekla World Healthcare Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.404/12.81
=10.96 %

Current Share Price is $12.81.
Tekla World Healthcare Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.404.

Tekla World Healthcare Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.404/12.81
=10.96 %

Current Share Price is $12.81.
Tekla World Healthcare Fund's Dividends per Share for the forward twelve months is calculated as $0.117 * 12 = $1.404.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tekla World Healthcare Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tekla World Healthcare Fund's Dividend Yield % 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

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