John Hancock Premium Dividend Fund (PDT) to Issue Monthly Dividend of $0.09 on August 31st

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Thursday, August 13th will be given a dividend of 0.0883 per share by the real estate investment trust on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Thursday, August 13th.

John Hancock Premium Dividend Fund Stock Down 0.4%

Shares of John Hancock Premium Dividend Fund stock opened at $12.85 on Wednesday. The company has a 50-day simple moving average of $12.87 and a two-hundred day simple moving average of $13.04. 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.