John Hancock Premium Dividend Fund (PDT) to Issue Monthly Dividend of $0.08 on May 31st

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.0825 per share by the real estate investment trust on Friday, May 31st. This represents a $0.99 annualized dividend and a dividend yield of 8.48%. The ex-dividend date of this dividend is Friday, May 10th.

John Hancock Premium Dividend Fund has decreased its dividend payment by an average of 2.6% annually over the last three years.

John Hancock Premium Dividend Fund Trading Down 1.0 %

NYSE:PDT opened at $11.67 on Wednesday. John Hancock Premium Dividend Fund has a one year low of $8.77 and a one year high of $12.45. The company has a fifty day moving average price of $11.49 and a 200 day moving average price of $10.90.

John Hancock Premium Dividend Fund Company Profile

John Hancock Premium Dividend 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. 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.