John Hancock Tax-Advantaged Dividend Income Fund (HTD) to Issue Monthly Dividend of $0.16 on February 27th

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be given a dividend of 0.158 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, February 12th.

John Hancock Tax-Advantaged Dividend Income Fund Price Performance

Shares of HTD opened at $24.87 on Tuesday. The firm has a fifty day moving average price of $24.00 and a 200-day moving average price of $24.37. John Hancock Tax-Advantaged Dividend Income Fund has a 12-month low of $20.31 and a 12-month high of $25.21.

About John Hancock Tax-Advantaged Dividend Income Fund

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. The fund seeks to provide investors with tax-advantaged monthly income and the potential for capital appreciation by investing in a diversified portfolio of dividend-paying equities and taxable debt securities. It trades on the New York Stock Exchange under the ticker HTD and is structured to offer enhanced income opportunities compared to traditional equity or bond portfolios.

The fund’s primary investment strategy combines equity and fixed-income exposure.