John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.72 and traded as high as $13.16. John Hancock Premium Dividend Fund shares last traded at $13.09, with a volume of 114,448 shares trading hands.
John Hancock Premium Dividend Fund Stock Performance
The company has a 50-day moving average of $12.59 and a two-hundred day moving average of $12.72.
John Hancock Premium Dividend Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 12th will be given a dividend of $0.0825 per share. This represents a $0.99 annualized dividend and a yield of 7.49%. The ex-dividend date is Thursday, June 12th.
Institutional Trading of John Hancock Premium Dividend Fund
A number of hedge funds and other institutional investors have recently modified their holdings of PDT. First Horizon Advisors Inc. purchased a new position in John Hancock Premium Dividend Fund during the 1st quarter valued at about $42,000. Ameriflex Group Inc. purchased a new stake in John Hancock Premium Dividend Fund in the fourth quarter worth about $77,000. BankPlus Trust Department bought a new position in shares of John Hancock Premium Dividend Fund during the fourth quarter valued at approximately $113,000. Landscape Capital Management L.L.C. bought a new position in shares of John Hancock Premium Dividend Fund during the fourth quarter valued at approximately $146,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of John Hancock Premium Dividend Fund by 11.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,903 shares of the real estate investment trust's stock valued at $177,000 after purchasing an additional 1,400 shares during the last quarter. 12.98% of the stock is owned by hedge funds and other institutional investors.
John Hancock Premium Dividend Fund Company Profile
(
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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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