Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On October 10, 2022, Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly cash distribution of $0.1125 per share. The record date for this distribution is October 20, 2022, and it will be payable on October 31, 2022. The Fund will trade ex-distribution on October 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested in shares of the Fund.

Positive

• Monthly cash distribution of $0.1125 per share demonstrates ongoing income generation.
• Record date and payable date provide clarity for investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On October 10, 2022, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is October 20, 2022 and the payable date is October 31, 2022. The Fund will trade ex-distribution on October 19, 2022.

Note that only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (“DRIP”) will have cash distributions automatically reinvested in shares of the Fund.

Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in 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.

Information regarding the Fund and Tekla Capital Management LLC can be found at www.teklacap.com.

Please contact Destra Capital Advisors, the Fund’s marketing and investor support services agent, at THQ@destracapital.com or call (877) 855-3434 if you have any questions regarding THQ.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221010005521/en/

Destra Capital Advisors

THQ@destracapital.com

(877) 855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

What is the cash distribution amount declared by Tekla Healthcare Opportunities Fund on October 10, 2022?

Tekla Healthcare Opportunities Fund declared a cash distribution of $0.1125 per share.

When is the record date for the cash distribution of THQ?

The record date for the cash distribution is October 20, 2022.

When will the cash distribution for THQ be payable?

The cash distribution will be payable on October 31, 2022.

When will THQ trade ex-distribution?

THQ will trade ex-distribution on October 19, 2022.