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

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Monday, January 13th will be given a dividend of 0.0825 per share by the real estate investment trust on Friday, January 31st. This represents a $0.99 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date of this dividend is Monday, January 13th.

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

John Hancock Premium Dividend Fund Stock Performance

PDT stock traded up $0.10 during midday 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 one year low of $10.41 and a one year high of $13.55. The stock’s fifty day moving average price is $12.78 and its 200-day moving average price is $12.63.

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.