Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On September 9, 2022, Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly cash distribution of $0.1125 per share. The record date for this distribution is September 20, 2022, with a payable date of September 30, 2022. Shares will trade ex-distribution on September 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (DRIP) will have their cash distributions automatically reinvested. Tekla Capital Management LLC, based in Boston, serves as the Investment Adviser for the Fund.

Positive

• Monthly cash distribution of $0.1125 per share announced.
• Scheduled record date offers investors clarity on cash flow.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On September 9, 2022, 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, 2022 and the payable date is September 30, 2022. The Fund will trade ex-distribution on September 19, 2022.

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/20220909005340/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 (THQ) in September 2022?

The cash distribution amount is $0.1125 per share.

When is the record date for the cash distribution of THQ in September 2022?

The record date is September 20, 2022.

What is the ex-distribution date for Tekla Healthcare Opportunities Fund (THQ)?

The ex-distribution date is September 19, 2022.

When will the cash distribution for THQ be payable?

The payable date is September 30, 2022.

Can I reinvest the cash distribution from THQ?

Yes, participants in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) can automatically reinvest their cash distributions.