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

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.0825 per share by the real estate investment trust on Friday, February 28th. This represents a $0.99 annualized dividend and a dividend yield of 7.73%. The ex-dividend date of this dividend is Thursday, February 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 Performance

Shares of PDT traded up $0.07 during midday trading on Tuesday, hitting $12.81. The company had a trading volume of 64,514 shares, compared to its average volume of 94,778. The company’s 50-day simple moving average is $12.72 and its 200-day simple moving average is $12.82. John Hancock Premium Dividend Fund has a 1 year low of $10.65 and a 1 year high of $13.55.

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.