Tekla Healthcare Investors Declares Distribution

Rhea-AI Summary

On November 12, 2021, Tekla Healthcare Investors (NYSE:HQH) announced a distribution of $0.51 per share. The record date is set for November 24, 2021, with payment on December 31, 2021. Shares will trade ex-distribution on November 23, 2021. This distribution will typically be paid in newly issued shares, valued at the lower of net asset value or market price on December 22, 2021. Shareholders can opt for cash instead by notifying their brokerage or Computershare Investor Services before December 21, 2021.

BOSTON--(BUSINESS WIRE)-- On November 12, 2021, Tekla Healthcare Investors declared a distribution of $0.51 per share. The record date for the distribution is November 24, 2021 and the payable date is December 31, 2021. The Fund will trade ex-distribution on November 23, 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, December 22, 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 December 21, 2021. Written notification for the election of cash instead of stock by registered shareholders must be received by Computershare Investor Services prior to December 21, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211112005796/en/

Tekla Healthcare Investors

877-855-3434

www.teklacap.com

Source: Tekla Healthcare Investors

FAQ

What is the distribution amount announced by Tekla Healthcare Investors?

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

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

The record date for the distribution is November 24, 2021.

What is the payable date for the distribution from Tekla Healthcare Investors?

The payable date for the distribution is December 31, 2021.

When will Tekla Healthcare Investors' shares trade ex-distribution?

The shares will trade ex-distribution on November 23, 2021.

How can shareholders receive cash instead of shares from Tekla Healthcare Investors?

Shareholders can request cash instead of shares by notifying their brokerage or filling out an election card from Computershare Investor Services before December 21, 2021.