Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On August 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 set for August 22, 2022, with payments to be made on August 31, 2022. The Fund will trade ex-distribution on August 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested in shares. The Fund, advised by Tekla Capital Management LLC, focuses on investments in the healthcare sector.

Positive

• Monthly cash distribution of $0.1125 per share announced.
• Record date and payable date for distribution established.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On August 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 August 22, 2022 and the payable date is August 31, 2022. The Fund will trade ex-distribution on August 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/20220810005638/en/

Destra Capital Advisors

THQ@destracapital.com

(877) 855-3434

Source: Tekla Capital Management LLC

FAQ

What is the recent cash distribution announced by Tekla Healthcare Opportunities Fund (THQ)?

On August 10, 2022, Tekla Healthcare Opportunities Fund declared a monthly cash distribution of $0.1125 per share.

When is the record date for the THQ cash distribution?

The record date for the cash distribution is August 22, 2022.

What is the payable date for the THQ cash distribution?

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

When will THQ trade ex-distribution?

THQ will trade ex-distribution on August 19, 2022.