Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On November 9, 2021, Tekla Healthcare Opportunities Fund (NYSE: THQ) announced a monthly cash distribution of $0.1125 per share. The record date for this distribution is November 19, 2021, with payments scheduled for November 30, 2021. Shares will trade ex-distribution on November 18, 2021. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested in shares. Tekla Capital Management LLC serves as the Investment Adviser to the Fund.

Positive

• Monthly cash distribution of $0.1125 per share enhances shareholder returns.
• Fund focuses on investments in the healthcare sector, which can offer growth opportunities.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On November 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 November 19, 2021 and the payable date is November 30, 2021. The Fund will trade ex-distribution on November 18, 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/20211109006260/en/

Destra Capital Advisors

THQ@destracapital.com

(877)855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

What is the cash distribution amount for Tekla Healthcare Opportunities Fund on November 9, 2021?

The cash distribution amount is $0.1125 per share.

When is the record date for the distribution of THQ?

The record date is November 19, 2021.

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

The payable date is November 30, 2021.

When will THQ trade ex-distribution?

THQ will trade ex-distribution on November 18, 2021.

Who is the investment adviser for Tekla Healthcare Opportunities Fund?

Tekla Capital Management LLC serves as the Investment Adviser.