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Tekla Healthcare Investors Declares Distribution

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On February 16, 2021, Tekla Healthcare Investors declared a $0.51 per share distribution. The record date for this distribution is February 26, 2021, and the payable date is March 31, 2021. Shares will trade ex-distribution on February 25, 2021. The distribution will be paid in newly issued shares unless shareholders request otherwise, with shares valued at the lower of net asset value or market price on March 23, 2021. Cash payments can be requested by shareholders prior to March 22, 2021. Tekla Healthcare Investors (NYSE: HQH) focuses on healthcare investments.

Positive
  • Declared a distribution of $0.51 per share.
  • Investors can receive shares or request cash, providing flexibility.
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  • None.

On February 16, 2021, Tekla Healthcare Investors declared a distribution of $0.51 per share. The record date for the distribution is February 26, 2021 and the payable date is March 31, 2021. The Fund will trade ex-distribution on February 25, 2021.

This distribution will automatically be paid in newly issued shares of the Fund unless otherwise instructed by the shareholder. The shares will be valued at the lower of the net asset value or market price on the pricing date, March 23, 2021. Fractional shares will generally be settled in cash, except for registered shareholders with book entry accounts at the transfer agent who will have whole and fractional shares added to their account.

Shareholders may request to be paid in cash instead of shares by responding to the bank, brokerage or nominee who holds the shares if the shares are in “street name” or by filling out an election card received from Computershare Investor Services shortly after the record date if the shares are in registered form. The bank, brokerage or nominee who holds the shares must advise the Depository Trust Company ("DTC") as to their full and fractional share requirements by March 22, 2021. Written notification for the election of cash instead of stock by registered shareholders must be received by Computershare Investor Services prior to March 22, 2021.

Tekla Healthcare Investors (NYSE: HQH) is a closed-end fund that invests in public and private companies in the healthcare industry. Tekla Capital Management LLC, based in Boston, serves as Investment Adviser to the Fund. Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker.

For additional information, please consult www.teklacap.com or call (877)-855-3434.

FAQ

What is the distribution amount declared by Tekla Healthcare Investors?

Tekla Healthcare Investors declared a distribution of $0.51 per share.

When is the record date for the Tekla Healthcare Investors distribution?

The record date for the distribution is February 26, 2021.

When will the distribution be payable to shareholders?

The distribution will be payable on March 31, 2021.

What date will shares trade ex-distribution?

Shares will trade ex-distribution on February 25, 2021.

How can shareholders request cash instead of shares for the distribution?

Shareholders can request cash by notifying their bank, brokerage, or Computershare Investor Services before March 22, 2021.

What companies does Tekla Healthcare Investors invest in?

Tekla Healthcare Investors invests in public and private companies in the healthcare industry.

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Asset Management
Financial Services
United States of America
Philadelphia