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

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.0883 per share by the real estate investment trust on Monday, November 30th. This represents a $1.06 annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Thursday, November 12th.

John Hancock Premium Dividend Fund Trading Up 0.8%

NYSE PDT opened at $12.22 on Tuesday. John Hancock Premium Dividend Fund has a fifty-two week low of $11.49 and a fifty-two week high of $13.65. The stock has a 50 day simple moving average of $12.01 and a two-hundred day simple moving average of $12.76.

About John Hancock Premium Dividend Fund

John Hancock Premium Dividend Fund (NYSE: PDT) is a diversified closed-end investment company managed by John Hancock Investment Management LLC. The fund seeks to provide investors with a high level of current income while also pursuing long-term capital appreciation and preservation of capital.

The fund invests primarily in income-producing securities, including preferred stocks and dividend-paying common stocks. Its portfolio has historically emphasized companies in the utilities sector, although the fund may invest across other industries and in both domestic and international markets.