John Hancock Premium Dividend Fund (NYSE:PDT) Shares Will Pay Monthly Dividend of $0.09

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Thursday, November 12th will be given a dividend of $0.0883 per share by the real estate investment trust on Monday, November 30th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Thursday, November 12th.

John Hancock Premium Dividend Fund Price Performance

NYSE PDT traded down $0.04 during trading on Tuesday, reaching $12.12. The company’s stock had a trading volume of 83,598 shares, compared to its average volume of 129,883. The firm has a fifty day moving average of $12.06 and a 200 day moving average of $12.78. John Hancock Premium Dividend Fund has a one year low of $11.49 and a one year high of $13.65.

About John Hancock Premium Dividend Fund

John Hancock Premium Dividend Fund (NYSE: PDT) is a diversified closed-end investment company managed by John Hancock Investment Management LLC. The fund seeks to provide investors with a high level of current income while also pursuing long-term capital appreciation and preservation of capital.

The fund invests primarily in income-producing securities, including preferred stocks and dividend-paying common stocks. Its portfolio has historically emphasized companies in the utilities sector, although the fund may invest across other industries and in both domestic and international markets.