Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On March 10, 2023, the Tekla Healthcare Opportunities Fund (NYSE: THQ) announced a monthly cash distribution of $0.1125 per share. The record date is set for March 20, 2023, with payments scheduled on March 31, 2023. The ex-distribution date is March 17, 2023. Notably, only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (DRIP) will automatically reinvest cash distributions in shares.

Managed by Tekla Capital Management LLC based in Boston, THQ focuses on investments within the healthcare sector. Investors can purchase shares of the Fund through the New York Stock Exchange.

Positive

• Monthly cash distribution of $0.1125 per share announced, providing consistent income for investors.
• Record and payment dates established, ensuring clarity for shareholders.
• Fund focuses on the healthcare sector, potentially benefiting from industry growth.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On March 10, 2023, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is March 20, 2023 and the payable date is March 31, 2023. The Fund will trade ex-distribution on March 17, 2023.

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/20230310005286/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?

The cash distribution amount declared is $0.1125 per share.

What are the key dates for the distribution of THQ?

The record date is March 20, 2023, and the payable date is March 31, 2023.

When will THQ shares trade ex-distribution?

THQ shares will trade ex-distribution on March 17, 2023.

How can investors reinvest their distributions for THQ?

Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) will have cash distributions automatically reinvested.

Who manages the Tekla Healthcare Opportunities Fund?

The Fund is managed by Tekla Capital Management LLC based in Boston.