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

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Friday, April 11th will be paid a dividend of 0.0825 per share by the real estate investment trust on Wednesday, April 30th. This represents a $0.99 annualized dividend and a dividend yield of 7.59%. The ex-dividend date is Friday, April 11th.

John Hancock Premium Dividend Fund has decreased its dividend by an average of 5.4% annually over the last three years.

John Hancock Premium Dividend Fund Trading Up 0.2 %

NYSE:PDT traded up $0.03 during mid-day trading on Wednesday, hitting $13.05. 123,171 shares of the company’s stock were exchanged, compared to its average volume of 111,469. John Hancock Premium Dividend Fund has a one year low of $10.65 and a one year high of $13.55. The business has a fifty day moving average price of $12.85 and a 200 day moving average price of $12.91.

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.