John Hancock Premium Dividend Fund (NYSE:PDT) Shares Will Pay Monthly Dividend of $0.09

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Monday, November 2nd. Investors of record on Thursday, November 12th will be given a dividend of $0.0883 per share by the real estate investment trust on Monday, November 30th. This represents a $1.06 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Thursday, November 12th.

John Hancock Premium Dividend Fund Price Performance

Shares of NYSE PDT traded down $0.04 during midday trading on Tuesday, hitting $12.12. 79,483 shares of the company’s stock were exchanged, compared to its average volume of 129,877. John Hancock Premium Dividend Fund has a twelve month low of $11.49 and a twelve month high of $13.65. The firm’s fifty day simple moving average is $12.06 and its 200-day simple moving average is $12.78.

About John Hancock Premium Dividend Fund

John Hancock Premium Dividend Fund (NYSE: PDT) is a diversified closed-end investment company managed by John Hancock Investment Management LLC. The fund seeks to provide investors with a high level of current income while also pursuing long-term capital appreciation and preservation of capital.

The fund invests primarily in income-producing securities, including preferred stocks and dividend-paying common stocks. Its portfolio has historically emphasized companies in the utilities sector, although the fund may invest across other industries and in both domestic and international markets.