Tekla Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Tuesday, June 11th, Wall Street Journal reports. Stockholders of record on Thursday, June 20th will be given a dividend of 0.1125 per share on Friday, June 28th. This represents a $1.35 annualized dividend and a dividend yield of 7.74%. The ex-dividend date of this dividend is Wednesday, June 19th.
Tekla Healthcare Opportunities Fund has raised its dividend by an average of 2.9% annually over the last three years.
Shares of THQ traded up $0.15 during mid-day trading on Tuesday, hitting $17.43. 33,251 shares of the company’s stock traded hands, compared to its average volume of 128,584. Tekla Healthcare Opportunities Fund has a 1 year low of $15.16 and a 1 year high of $18.92. The business has a 50-day simple moving average of $16.94.
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Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.
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