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

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 7.73%. The ex-dividend date is Monday, January 13th.

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

John Hancock Premium Dividend Fund Stock Up 0.8 %

Shares of PDT traded up $0.10 during mid-day trading on Friday, hitting $12.81. 93,181 shares of the company’s stock were exchanged, compared to its average volume of 92,741. John Hancock Premium Dividend Fund has a 52 week low of $10.41 and a 52 week high of $13.55. The stock’s 50-day simple moving average is $12.78 and its 200-day simple moving average is $12.63.

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.