Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On July 11, 2022, Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly cash distribution of $0.1125 per share. The record date is July 21, 2022, with payments scheduled for July 29, 2022. The Fund will trade ex-distribution on July 20, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. Tekla Capital Management LLC, based in Boston, serves as the Fund's Investment Adviser.

Positive

• Monthly cash distribution of $0.1125 per share reaffirmed, indicating ongoing financial health.
• Scheduled payment dates provide predictability to investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On July 11, 2022, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is July 21, 2022 and the payable date is July 29, 2022. The Fund will trade ex-distribution on July 20, 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/20220711005607/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 July 2022?

The cash distribution amount is $0.1125 per share.

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

The record date is July 21, 2022.

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

The payable date is July 29, 2022.

When will THQ trade ex-distribution?

THQ will trade ex-distribution on July 20, 2022.

Who serves as the investment adviser for Tekla Healthcare Opportunities Fund?

Tekla Capital Management LLC serves as the investment adviser.