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 Friday, January 3rd,Wall Street Journal reports. Investors of record on Monday, January 13th will be paid a dividend of 0.0825 per share by the real estate investment trust on Friday, January 31st. This represents a $0.99 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date is Monday, January 13th.

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

John Hancock Premium Dividend Fund Trading Up 0.8 %

NYSE:PDT traded up $0.10 during mid-day trading on Friday, hitting $12.81. The company had a trading volume of 93,181 shares, compared to its average volume of 92,741. John Hancock Premium Dividend Fund has a fifty-two week low of $10.41 and a fifty-two week high of $13.55. The business’s fifty day moving average is $12.78 and its two-hundred day moving average is $12.63.

About John Hancock Premium Dividend Fund

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.