John Hancock Premium Dividend Fund (NYSE:PDT – Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.0825 per share by the real estate investment trust on Monday, March 31st. This represents a $0.99 annualized dividend and a dividend yield of 7.73%. The ex-dividend date is Thursday, March 13th.
John Hancock Premium Dividend Fund has decreased its dividend payment by an average of 5.4% annually over the last three years.
John Hancock Premium Dividend Fund Trading Down 1.1 %
Shares of NYSE:PDT opened at $12.82 on Wednesday. The stock has a fifty day simple moving average of $12.79 and a two-hundred day simple moving average of $12.93. John Hancock Premium Dividend Fund has a 12-month low of $10.65 and a 12-month 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.
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