Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Tuesday, June 11th, Wall Street Journal reports. Stockholders of record on Thursday, June 20th will be paid a dividend of 0.1125 per share on Friday, June 28th. This represents a $1.35 dividend on an annualized basis and a dividend yield of 7.74%. The ex-dividend date is Wednesday, June 19th.
Tekla Healthcare Opportunities Fund has raised its dividend payment by an average of 2.9% annually over the last three years.
Shares of THQ traded up $0.15 during trading hours on Tuesday, reaching $17.43. 33,251 shares of the company’s stock traded hands, compared to its average volume of 128,584. The firm’s 50 day simple moving average is $16.94. Tekla Healthcare Opportunities Fund has a 12 month low of $15.16 and a 12 month high of $18.92.
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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