Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On May 10, 2022, Tekla Healthcare Opportunities Fund (NYSE: THQ) announced a monthly cash distribution of $0.1125 per share. The record date for this distribution is May 20, 2022, with payments scheduled for May 31, 2022. Shares will begin trading ex-distribution on May 19, 2022. Investors in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) will have their distributions automatically reinvested in additional shares. The Fund primarily invests in the healthcare sector and is advised by Tekla Capital Management LLC.

Positive

• Monthly cash distribution of $0.1125 per share announced.
• Scheduled record date and payable date for distributions enhances transparency for investors.
• Investors can benefit from Dividend Reinvestment and Stock Purchase Plan.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On May 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 May 20, 2022 and the payable date is May 31, 2022. The Fund will trade ex-distribution on May 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/20220510006038/en/

Destra Capital Advisors

THQ@destracapital.com

(877) 855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

What is the monthly cash distribution for THQ announced on May 10, 2022?

The monthly cash distribution for THQ is $0.1125 per share.

When is the record date for the THQ cash distribution?

The record date for the THQ cash distribution is May 20, 2022.

What is the payable date for the THQ cash distribution?

The payable date for the THQ cash distribution is May 31, 2022.

When will THQ shares trade ex-distribution?

THQ shares will trade ex-distribution on May 19, 2022.

How can investors reinvest their cash distributions for THQ?

Investors can reinvest their cash distributions in THQ through the Dividend Reinvestment and Stock Purchase Plan (DRIP).