Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On October 9, 2020, Tekla Healthcare Opportunities Fund declared a monthly cash distribution of $0.1125 per share. The record date for this distribution is October 20, 2020, and it will be payable on October 30, 2020. The Fund's shares will trade ex-distribution on October 19, 2020. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (DRIP) will have their cash distributions automatically reinvested. The Fund, based in Boston, primarily invests in the healthcare sector, and its shares trade on the NYSE under the symbol THQ.

Positive

• Declared a monthly cash distribution of $0.1125 per share
• Stable cash distribution indicates ongoing investor returns
• Participants in DRIP can reinvest distributions automatically

Negative

• None.

BOSTON--(BUSINESS WIRE)--On October 9, 2020, 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, 2020 and the payable date is October 30, 2020. The Fund will trade ex-distribution on October 19, 2020.

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.