Tekla Healthcare Opportunities Fund (NYSE:THQ) to Issue Monthly Dividend of $0.11

Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Wednesday, April 11th, Wall Street Journal reports. Investors of record on Friday, April 20th will be paid a dividend of 0.1125 per share on Monday, April 30th. This represents a $1.35 dividend on an annualized basis and a dividend yield of 8.06%. The ex-dividend date is Thursday, April 19th.

Shares of NYSE:THQ traded down $0.05 during midday trading on Wednesday, reaching $16.75. 158,995 shares of the company were exchanged, compared to its average volume of 154,323. Tekla Healthcare Opportunities Fund has a fifty-two week low of $16.02 and a fifty-two week high of $19.00.

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In related news, Director Thomas M. Kent acquired 1,400 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The shares were acquired at an average cost of $18.50 per share, for a total transaction of $25,900.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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Tekla Healthcare Opportunities Fund Company Profile

Tekla Healthcare Opportunities Fund is a non-diversified closed-end fund. The Fund’s investment objective is to seek current income and long-term capital appreciation through investments in the United States and non-United States companies in the healthcare industry, including equity securities, debt securities and pooled investment vehicles.

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