John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) to Issue $0.16 Monthly Dividend

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be given a dividend of 0.158 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Friday, September 11th.

John Hancock Tax-Advantaged Dividend Income Fund Trading Up 0.2%

Shares of NYSE HTD opened at $25.26 on Wednesday. The company has a 50-day moving average price of $25.58 and a 200-day moving average price of $25.39. John Hancock Tax-Advantaged Dividend Income Fund has a 1 year low of $23.15 and a 1 year high of $26.35.

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.