John Hancock Premium Dividend Fund (NYSE:PDT) Plans $0.08 Monthly Dividend

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Monday, March 2nd. Investors of record on Thursday, March 12th will be paid a dividend of 0.0825 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Thursday, March 12th.

John Hancock Premium Dividend Fund Stock Performance

Shares of PDT opened at $13.43 on Wednesday. John Hancock Premium Dividend Fund has a 12 month low of $11.41 and a 12 month high of $13.65. The stock’s 50-day moving average is $13.05 and its two-hundred day moving average is $13.08.

About John Hancock Premium Dividend Fund

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.