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

John Hancock Premium Dividend Fund (NYSE:PDT) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Thursday, February 13th will be given a dividend of 0.0825 per share by the real estate investment trust on Friday, February 28th. This represents a $0.99 dividend on an annualized basis and a yield of 7.73%. The ex-dividend date is Thursday, February 13th.

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

John Hancock Premium Dividend Fund Trading Up 0.5 %

John Hancock Premium Dividend Fund stock traded up $0.07 during mid-day trading on Tuesday, reaching $12.81. The stock had a trading volume of 64,514 shares, compared to its average volume of 94,778. John Hancock Premium Dividend Fund has a fifty-two week low of $10.65 and a fifty-two week high of $13.55. The stock’s 50-day simple moving average is $12.72 and its 200-day simple moving average is $12.82.

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.