Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On October 8, 2021, Tekla Healthcare Opportunities Fund (NYSE: THQ) announced a monthly cash distribution of $0.1125 per share. The record date is set for October 20, 2021, with a payable date of October 29, 2021. Shares will trade ex-distribution on October 19, 2021. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have cash distributions automatically reinvested. The Fund, advised by Tekla Capital Management, focuses on investments in the healthcare sector.

Positive

• Declaring a monthly cash distribution of $0.1125 per share demonstrates ongoing commitment to shareholder returns.
• The Fund's focus on the healthcare sector aligns with current market trends favoring healthcare investments.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On October 8, 2021, 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, 2021 and the payable date is October 29, 2021. The Fund will trade ex-distribution on October 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/20211008005351/en/

Destra Capital Advisors

THQ@destracapital.com

(877) 855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

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

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

When is the record date for the THQ cash distribution?

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

What are the important dates for the THQ distribution?

The important dates for the THQ distribution are: Ex-distribution date on October 19, record date on October 20, and payable date on October 29, 2021.

Who manages Tekla Healthcare Opportunities Fund?

Tekla Capital Management LLC serves as the investment adviser to Tekla Healthcare Opportunities Fund.