John Hancock Premium Dividend Fund (NYSE:PDT) to Issue Monthly Dividend of $0.08

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be given a dividend of 0.0825 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Thursday, June 11th.

John Hancock Premium Dividend Fund Trading Down 1.2%

PDT opened at $12.73 on Tuesday. The firm’s 50 day moving average is $13.04 and its 200-day moving average is $13.01. John Hancock Premium Dividend Fund has a 52-week low of $12.53 and a 52-week high of $13.65.

John Hancock Premium Dividend Fund Company Profile

The John Hancock Premium Dividend Fund (NYSE:PDT) is a publicly traded, closed-end management investment company designed to deliver high current income and potential capital growth. The fund’s core strategy centers on dividend-paying and income-producing securities, combining equity and fixed-income instruments to achieve a balanced risk-return profile.

Managed by John Hancock Investment Management (US) LLC, a subsidiary of Manulife Financial Corporation, the fund primarily allocates assets to dividend-paying common stocks and preferred stocks of U.S.