John Hancock Tax-Advantaged Dividend Income Fund (HTD) to Issue Monthly Dividend of $0.14 on May 31st

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Monday, May 13th will be given a dividend of 0.138 per share on Friday, May 31st. This represents a $1.66 dividend on an annualized basis and a yield of 8.17%. The ex-dividend date is Friday, May 10th.

John Hancock Tax-Advantaged Dividend Income Fund has decreased its dividend payment by an average of 1.1% annually over the last three years.

John Hancock Tax-Advantaged Dividend Income Fund Trading Up 1.0 %

NYSE HTD opened at $20.26 on Wednesday. The business’s 50-day moving average price is $19.35 and its two-hundred day moving average price is $18.79. John Hancock Tax-Advantaged Dividend Income Fund has a 12 month low of $16.17 and a 12 month high of $21.18.

John Hancock Tax-Advantaged Dividend Income Fund Company Profile

John Hancock Tax-Advantaged Dividend Income 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 and Analytic Investors, LLC. 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.