John Hancock Premium Dividend Fund (PDT) to Distribute Monthly Dividend of $0.09 on October 30th

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be given a dividend of $0.0883 per share by the real estate investment trust on Friday, October 30th. This represents a $1.06 dividend on an annualized basis and a yield of 9.0%. The ex-dividend date is Tuesday, October 13th.

John Hancock Premium Dividend Fund Trading Up 0.7%

NYSE:PDT opened at $11.79 on Friday. John Hancock Premium Dividend Fund has a one year low of $11.56 and a one year high of $13.65. The business’s 50-day simple moving average is $12.43 and its 200 day simple moving average is $12.79.

John Hancock Premium Dividend Fund Company Profile

John Hancock Premium Dividend Fund is a publicly traded, diversified closed-end investment fund listed on the New York Stock Exchange under the symbol PDT. The fund seeks to provide a high level of current income while also pursuing long-term capital appreciation and preservation of capital.

The fund invests primarily in preferred securities and dividend-paying common stocks. Its portfolio has historically emphasized companies in the utilities and financial services sectors, although its holdings may change over time based on market conditions and the investment team’s assessment of income potential, credit quality and valuation.

John Hancock Premium Dividend Fund is managed by John Hancock Investment Management, the asset-management business associated with Manulife Investment Management.