Tekla Life Sciences Investors Declares Cash Distribution
On December 21, 2020, Tekla Life Sciences Investors announced a special cash distribution of $0.02 per share to meet annual tax distribution requirements. The record date for this distribution is December 31, 2020, and the payable date is January 6, 2021. The fund will trade ex-distribution on December 30, 2020. This payment will be in cash and will be taxable to shareholders for the year 2020. Tekla Life Sciences Investors (NYSE: HQL) invests in public and private life sciences companies.
- Special cash distribution of $0.02 per share to enhance shareholder value.
- Distribution satisfies annual tax requirements, providing clarity for shareholders.
- Cash distribution may indicate limited growth or investment opportunities for the fund.
- Cash payments are taxable, which could be less appealing for some investors.
On December 21, 2020, Tekla Life Sciences Investors declared a special cash distribution of
This distribution will be paid in cash and will be taxable to shareholders in 2020.
Tekla Life Sciences Investors (NYSE: HQL) is a closed-end fund that invests in public and private companies in the life sciences 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.
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