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

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.0825 per share by the real estate investment trust on Wednesday, July 31st. This represents a $0.99 annualized dividend and a dividend yield of 8.48%. The ex-dividend date is Thursday, July 11th.

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

John Hancock Premium Dividend Fund Price Performance

NYSE:PDT traded up $0.02 during mid-day trading on Tuesday, reaching $11.67. 112,391 shares of the company’s stock were exchanged, compared to its average volume of 126,359. John Hancock Premium Dividend Fund has a one year low of $8.77 and a one year high of $11.94. The business’s fifty day simple moving average is $11.49 and its two-hundred day simple moving average is $11.25.

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.