Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On July 9, 2021, Tekla Healthcare Opportunities Fund declared a monthly cash distribution of $0.1125 per share. The record date is set for July 20, 2021, with the payable date being July 30, 2021. The fund, trading under the symbol THQ, will have its ex-distribution date on July 19, 2021. Participants in the Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested. Tekla Capital Management LLC serves as the investment adviser for the fund, which focuses on the healthcare sector.

Positive

• Declared a cash distribution of $0.1125 per share.
• The Fund focuses on investment in the healthcare sector, potentially benefiting from industry growth.

Negative

• None.

On July 9, 2021, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is July 20, 2021 and the payable date is July 30, 2021. The Fund will trade ex-distribution on July 19, 2021.

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/20210709005313/en/

FAQ

What is the cash distribution amount for Tekla Healthcare Opportunities Fund (THQ)?

The cash distribution amount is $0.1125 per share.

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

The record date for the cash distribution is July 20, 2021.

What is the payable date for Tekla Healthcare Opportunities Fund's distribution?

The payable date is July 30, 2021.

What is the significance of the ex-distribution date for THQ?

The ex-distribution date is July 19, 2021; shares purchased on or after this date will not receive the distribution.