John Hancock Premium Dividend Fund (PDT) to Issue Monthly Dividend of $0.08 on September 30th

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Tuesday, September 2nd, Wall Street Journal reports. Investors of record on Friday, September 12th will be paid a dividend of 0.0825 per share by the real estate investment trust on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Friday, September 12th.

John Hancock Premium Dividend Fund Price Performance

Shares of PDT stock opened at $13.41 on Wednesday. The firm has a 50-day moving average price of $13.33 and a 200 day moving average price of $12.95. John Hancock Premium Dividend Fund has a twelve month low of $11.41 and a twelve month high of $13.55.

About John Hancock Premium Dividend Fund

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.