John Hancock Tax-Advantaged Dividend Income Fund Plans Monthly Dividend of $0.16 (NYSE:HTD)

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) declared a monthly dividend on Friday, May 1st. Shareholders of record on Monday, May 11th will be given a dividend of 0.158 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Monday, May 11th.

John Hancock Tax-Advantaged Dividend Income Fund Stock Performance

NYSE:HTD opened at $25.59 on Friday. The company has a fifty day simple moving average of $25.21 and a two-hundred day simple moving average of $24.67. John Hancock Tax-Advantaged Dividend Income Fund has a 52 week low of $22.23 and a 52 week high of $26.20.

Hedge Funds Weigh In On John Hancock Tax-Advantaged Dividend Income Fund

Large investors have recently bought and sold shares of the business. UBS Group AG lifted its holdings in John Hancock Tax-Advantaged Dividend Income Fund by 2.6% during the 4th quarter. UBS Group AG now owns 767,161 shares of the company’s stock worth $18,151,000 after buying an additional 19,536 shares during the last quarter. Invesco Ltd. lifted its holdings in John Hancock Tax-Advantaged Dividend Income Fund by 5.2% during the 2nd quarter. Invesco Ltd. now owns 545,627 shares of the company’s stock worth $12,762,000 after buying an additional 26,885 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in John Hancock Tax-Advantaged Dividend Income Fund by 35,151.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 534,757 shares of the company’s stock worth $12,652,000 after buying an additional 533,240 shares during the last quarter. Captrust Financial Advisors lifted its holdings in John Hancock Tax-Advantaged Dividend Income Fund by 1.0% during the 3rd quarter. Captrust Financial Advisors now owns 481,551 shares of the company’s stock worth $11,942,000 after buying an additional 4,696 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in John Hancock Tax-Advantaged Dividend Income Fund by 27.5% during the 4th quarter. LPL Financial LLC now owns 369,256 shares of the company’s stock worth $8,737,000 after buying an additional 79,754 shares during the last quarter.

About John Hancock Tax-Advantaged Dividend Income Fund

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. The fund seeks to provide investors with tax-advantaged monthly income and the potential for capital appreciation by investing in a diversified portfolio of dividend-paying equities and taxable debt securities. It trades on the New York Stock Exchange under the ticker HTD and is structured to offer enhanced income opportunities compared to traditional equity or bond portfolios.

The fund’s primary investment strategy combines equity and fixed-income exposure.