John Hancock Premium Dividend Fund (NYSE:PDT) Raises Dividend to $0.09 Per Share

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Thursday, June 25th. Shareholders of record on Monday, July 13th will be given a dividend of 0.0883 per share by the real estate investment trust on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Monday, July 13th. This is a 7.0% increase from John Hancock Premium Dividend Fund’s previous monthly dividend of $0.08.

John Hancock Premium Dividend Fund Stock Performance

PDT stock opened at $12.78 on Friday. The company has a 50-day moving average of $12.92 and a two-hundred day moving average of $13.00. John Hancock Premium Dividend Fund has a 52-week low of $12.53 and a 52-week high of $13.65.

John Hancock Premium Dividend Fund Company Profile

The John Hancock Premium Dividend Fund (NYSE:PDT) is a publicly traded, closed-end management investment company designed to deliver high current income and potential capital growth. The fund’s core strategy centers on dividend-paying and income-producing securities, combining equity and fixed-income instruments to achieve a balanced risk-return profile.

Managed by John Hancock Investment Management (US) LLC, a subsidiary of Manulife Financial Corporation, the fund primarily allocates assets to dividend-paying common stocks and preferred stocks of U.S.