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

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Thursday, November 13th will be given a dividend of 0.0825 per share by the real estate investment trust on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, November 13th.

John Hancock Premium Dividend Fund Stock Down 0.5%

Shares of PDT stock opened at $12.97 on Tuesday. John Hancock Premium Dividend Fund has a fifty-two week low of $11.41 and a fifty-two week high of $13.50. The stock’s 50-day moving average is $13.27 and its two-hundred day moving average is $13.12.

Hedge Funds Weigh In On John Hancock Premium Dividend Fund

Institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. bought a new stake in shares of John Hancock Premium Dividend Fund during the 1st quarter worth about $42,000. First Horizon Corp acquired a new position in John Hancock Premium Dividend Fund during the third quarter valued at approximately $43,000. Nomura Holdings Inc. acquired a new stake in shares of John Hancock Premium Dividend Fund in the second quarter worth $132,000. Wolverine Asset Management LLC acquired a new stake in shares of John Hancock Premium Dividend Fund in the third quarter worth $158,000. Finally, Walled Lake Planning & Wealth Management LLC bought a new stake in shares of John Hancock Premium Dividend Fund during the 2nd quarter worth $175,000. 12.98% of the stock is currently owned by institutional investors.

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.