John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) Announces $0.14 Monthly Dividend

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.138 per share on Thursday, October 31st. This represents a $1.66 annualized dividend and a dividend yield of 7.12%. The ex-dividend date is Friday, October 11th.

John Hancock Tax-Advantaged Dividend Income Fund has decreased its dividend payment by an average of 1.1% per year over the last three years.

John Hancock Tax-Advantaged Dividend Income Fund Price Performance

Shares of NYSE HTD opened at $23.25 on Thursday. The firm’s 50-day moving average price is $22.04 and its two-hundred day moving average price is $20.73. John Hancock Tax-Advantaged Dividend Income Fund has a 52-week low of $16.17 and a 52-week high of $23.50.

John Hancock Tax-Advantaged Dividend Income Fund Company Profile

John Hancock Tax-Advantaged Dividend Income 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 and Analytic Investors, LLC. 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.