John Hancock Premium Dividend Fund (NYSE:PDT) to Issue Monthly Dividend of $0.08
by Scott Moore · The Cerbat GemJohn Hancock Premium Dividend Fund (NYSE:PDT – Get Free Report) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Investors of record on Friday, October 11th will be given a dividend of 0.0825 per share by the real estate investment trust on Thursday, October 31st. This represents a $0.99 annualized dividend and a yield of 7.32%. The ex-dividend date is Friday, October 11th.
John Hancock Premium Dividend Fund has decreased its dividend by an average of 2.6% per year over the last three years.
John Hancock Premium Dividend Fund Price Performance
PDT stock opened at $13.52 on Thursday. The company’s 50-day moving average price is $12.79 and its two-hundred day moving average price is $11.97. John Hancock Premium Dividend Fund has a 12 month low of $8.77 and a 12 month high of $13.55.
John Hancock Premium Dividend Fund Company Profile
John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.
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