Shares of John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $11.98 and last traded at $11.70, with a volume of 61462 shares. The stock had previously closed at $11.80.
John Hancock Premium Dividend Fund Stock Down 0.8 %
The firm's fifty day moving average price is $11.49 and its 200-day moving average price is $11.05.
John Hancock Premium Dividend Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Monday, May 13th will be issued a $0.0825 dividend. This represents a $0.99 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, May 10th.
Institutional Trading of John Hancock Premium Dividend Fund
Large investors have recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. boosted its holdings in shares of John Hancock Premium Dividend Fund by 15.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 16,457 shares of the real estate investment trust's stock valued at $175,000 after buying an additional 2,228 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of John Hancock Premium Dividend Fund by 923.9% during the 4th quarter. International Assets Investment Management LLC now owns 496,426 shares of the real estate investment trust's stock valued at $5,287,000 after buying an additional 447,941 shares in the last quarter. SFI Advisors LLC bought a new stake in shares of John Hancock Premium Dividend Fund during the 4th quarter valued at $645,000. CTC Alternative Strategies Ltd. bought a new stake in shares of John Hancock Premium Dividend Fund during the 4th quarter valued at $140,000. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of John Hancock Premium Dividend Fund by 2.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 124,146 shares of the real estate investment trust's stock valued at $1,322,000 after buying an additional 2,726 shares in the last quarter. Institutional investors own 12.98% of the company's stock.
About John Hancock Premium Dividend Fund
(
Get Free Report)
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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