John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) Plans Monthly Dividend of $0.16

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.158 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Thursday, February 12th.

John Hancock Tax-Advantaged Dividend Income Fund Stock Up 0.8%

Shares of HTD stock traded up $0.19 during mid-day trading on Tuesday, hitting $24.73. The stock had a trading volume of 9,039 shares, compared to its average volume of 73,314. John Hancock Tax-Advantaged Dividend Income Fund has a fifty-two week low of $20.31 and a fifty-two week high of $25.21. The company’s 50-day simple moving average is $23.99 and its 200-day simple moving average is $24.34.

John Hancock Tax-Advantaged Dividend Income Fund Company Profile

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. The fund seeks to provide investors with tax-advantaged monthly income and the potential for capital appreciation by investing in a diversified portfolio of dividend-paying equities and taxable debt securities. It trades on the New York Stock Exchange under the ticker HTD and is structured to offer enhanced income opportunities compared to traditional equity or bond portfolios.

The fund’s primary investment strategy combines equity and fixed-income exposure.