John Hancock Premium Dividend Fund Announces August Distribution Sources
The John Hancock Premium Dividend Fund (NYSE: PDT) has disclosed the sources of its monthly distribution for August 2026. The fund paid $0.0883 per share to shareholders on August 31, with an estimated breakdown showing that approximately 64% came from net investment income and 36% as a return of capital. The cumulative distributions year-to-date were primarily sourced from net investment income (70%) and return of capital (17%), while short-term and long-term realized gains contributed minimally. The fund noted it has distributed more than its earned income, meaning part of the distribution may be considered a return of investors' original capital. The Fund's managed distribution plan ensures fixed monthly payouts until further notice. Shareholders will receive Form 1099-DIV for tax reporting purposes at year-end.