John Hancock Patriot Premium Div Fund II (NYSE:PDT) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Investors of record on Monday, February 12th will be paid a dividend of 0.0975 per share by the real estate investment trust on Wednesday, February 28th. This represents a $1.17 annualized dividend and a yield of 7.79%. The ex-dividend date of this dividend is Friday, February 9th.
John Hancock Patriot Premium Div Fund II has raised its dividend payment by an average of 19.6% annually over the last three years.
Shares of John Hancock Patriot Premium Div Fund II (PDT) traded up $0.11 on Monday, reaching $15.02. 107,635 shares of the company’s stock traded hands, compared to its average volume of 156,404. John Hancock Patriot Premium Div Fund II has a 52 week low of $14.50 and a 52 week high of $17.33.
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John Hancock Patriot Premium Div Fund II Company Profile
John Hancock Premium Dividend Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income, consistent with modest growth of capital. The Fund seeks to pursue its objective by investing in a diversified portfolio comprised primarily of dividend paying preferred securities and common equity securities.
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