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

Key Points

• John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend of $0.08, payable on August 29th to shareholders of record as of August 11th, representing a 7.4% annualized yield.
• The stock price of PDT increased by $0.04, reaching $13.39, and has a 52-week range of $11.41 to $13.55.
• John Hancock Premium Dividend Fund is a closed-end equity mutual fund that invests primarily in public equity markets in the United States, focusing on diversified sectors, particularly utilities.

John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report) announced a monthly dividend on Monday, August 4th, Wall Street Journal reports. Shareholders of record on Monday, August 11th will be paid a dividend of 0.0825 per share by the real estate investment trust on Friday, August 29th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Monday, August 11th.

John Hancock Premium Dividend Fund Stock Performance

PDT stock traded down $0.02 during midday trading on Friday, hitting $13.44. The company had a trading volume of 27,829 shares, compared to its average volume of 115,689. John Hancock Premium Dividend Fund has a 52 week low of $11.41 and a 52 week high of $13.55. The stock's 50 day moving average price is $13.19 and its 200 day moving average price is $12.86.

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.