John Hancock Premium Dividend Fund (NYSE:PDT – Get Free Report) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.0825 per share by the real estate investment trust on Thursday, October 31st. This represents a $0.99 dividend on an annualized basis and a yield of 7.33%. The ex-dividend date is Friday, October 11th.
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 Stock Performance
Shares of NYSE PDT traded down $0.03 during midday trading on Wednesday, hitting $13.51. 67,729 shares of the company’s stock were exchanged, compared to its average volume of 119,670. John Hancock Premium Dividend Fund has a 12 month low of $8.77 and a 12 month high of $13.55. The company’s 50 day moving average price is $12.79 and its 200 day moving average price is $11.97.
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.
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