John Hancock Tax-Advantaged Dividend Income Fund (HTD) to Issue Monthly Dividend of $0.16 on May 29th

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) announced a monthly dividend on Friday, May 1st. Stockholders of record on Monday, May 11th will be paid a dividend of 0.158 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Monday, May 11th.

John Hancock Tax-Advantaged Dividend Income Fund Stock Performance

Shares of HTD stock traded up $0.02 during trading hours on Friday, hitting $25.59. 61,927 shares of the company were exchanged, compared to its average volume of 65,157. John Hancock Tax-Advantaged Dividend Income Fund has a one year low of $22.23 and a one year high of $26.20. The business’s 50-day simple moving average is $25.21 and its two-hundred day simple moving average is $24.67.

About John Hancock Tax-Advantaged Dividend Income Fund

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.