Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

The Tekla Healthcare Opportunities Fund (NYSE: THQ) announced a monthly cash distribution of $0.1125 per share on November 10, 2022. The record date for this distribution is November 21, 2022, with payments issued on November 30, 2022. Shares will trade ex-distribution on November 18, 2022. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. Tekla Capital Management LLC is the investment adviser for the fund.

Positive

• Monthly cash distribution of $0.1125 per share.
• Scheduled payments enhance shareholder returns.
• Participation in DRIP benefits investors seeking reinvestment.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On November 10, 2022, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is November 21, 2022 and the payable date is November 30, 2022. The Fund will trade ex-distribution on November 18, 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/20221110005863/en/

Destra Capital Advisors

THQ@destracapital.com

(877) 855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

What is the cash distribution rate for THQ?

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

When is the payable date for THQ's distribution?

The payable date for THQ's distribution is November 30, 2022.

What is the record date for THQ's cash distribution?

The record date for THQ's cash distribution is November 21, 2022.

When will THQ shares trade ex-distribution?

THQ shares will trade ex-distribution on November 18, 2022.

Who advises the Tekla Healthcare Opportunities Fund?

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