John Hancock Premium Dividend Fund (PDT) to Issue Monthly Dividend of $0.08 on October 31st

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.0825 per share by the real estate investment trust on Thursday, October 31st. This represents a $0.99 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date of this dividend is Friday, October 11th.

John Hancock Premium Dividend Fund has decreased its dividend payment by an average of 2.6% annually over the last three years.

John Hancock Premium Dividend Fund Price Performance

PDT opened at $13.52 on Thursday. The stock has a fifty day moving average of $12.79 and a 200-day moving average of $11.97. John Hancock Premium Dividend Fund has a fifty-two week low of $8.77 and a fifty-two week high of $13.55.

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.