Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

Tekla Healthcare Opportunities Fund (NYSE: THQ) has announced a monthly cash distribution of $0.1125 per share, set for May 28, 2021. The record date for this distribution is May 20, 2021, with the ex-distribution trading date on May 19, 2021. Investors participating in the Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested in shares of the Fund. The Fund focuses on investments in the healthcare sector and is managed by Tekla Capital Management, based in Boston.

Positive

• Monthly cash distribution of $0.1125 per share enhances shareholder return.
• Participation in the Dividend Reinvestment and Stock Purchase Plan allows automatic reinvestment for investors.

Negative

• None.

On May 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 May 20, 2021 and the payable date is May 28, 2021. The Fund will trade ex-distribution on May 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/20210510005636/en/

FAQ

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

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

When is the record date for the THQ cash distribution?

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

What is the payable date for THQ's monthly cash distribution?

The payable date for the distribution is May 28, 2021.

When will THQ trade ex-distribution?

THQ will trade ex-distribution on May 19, 2021.

Who manages the Tekla Healthcare Opportunities Fund (THQ)?

The Fund is managed by Tekla Capital Management LLC, based in Boston.