Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On September 10, 2021, Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly cash distribution of $0.1125 per share to be paid on September 30, 2021. The record date for this distribution is September 20, 2021, with an ex-distribution date of September 17, 2021. Investors participating in the Dividend Reinvestment and Stock Purchase Plan (DRIP) will automatically reinvest their cash distributions in additional shares. The Fund focuses on investments within the healthcare sector and is advised by Tekla Capital Management LLC.

Positive

• Monthly cash distribution of $0.1125 per share enhances shareholder value.
• Participation in DRIP allows for automatic reinvestment, benefiting long-term shareholders.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On September 10, 2021, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is September 20, 2021 and the payable date is September 30, 2021. The Fund will trade ex-distribution on September 17, 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/20210910005377/en/

Destra Capital Advisors

THQ@destracapital.com

(877)855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

What is the cash distribution amount for THQ in September 2021?

Tekla Healthcare Opportunities Fund (THQ) declared a cash distribution of $0.1125 per share in September 2021.

When is the record date for THQ's cash distribution?

The record date for THQ's cash distribution is September 20, 2021.

When will THQ's cash distribution be paid?

The cash distribution for THQ will be paid on September 30, 2021.

What is the ex-distribution date for THQ?

The ex-distribution date for THQ is September 17, 2021.

How does the Dividend Reinvestment Plan (DRIP) work for THQ?

Participants in THQ's DRIP will have their cash distributions automatically reinvested in additional shares of the Fund.