John Hancock Premium Dividend Fund (NYSE:PDT) Plans $0.08 Monthly Dividend

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Monday, August 12th will be paid a dividend of 0.0825 per share by the real estate investment trust on Friday, August 30th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 8.07%. The ex-dividend date is Monday, August 12th.

John Hancock Premium Dividend Fund has decreased its dividend by an average of 2.6% annually over the last three years.

John Hancock Premium Dividend Fund Price Performance

Shares of NYSE:PDT traded down $0.10 during mid-day trading on Friday, reaching $12.27. 88,802 shares of the company’s stock were exchanged, compared to its average volume of 113,471. John Hancock Premium Dividend Fund has a twelve month low of $8.77 and a twelve month high of $12.48. The business’s fifty day moving average price is $11.66 and its 200-day moving average price is $11.43.

About John Hancock Premium Dividend Fund

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.