John Hancock Premium Dividend Fund Declares Monthly Dividend of $0.0883 per Share
The John Hancock Premium Dividend Fund (NYSE:PDT) has declared a monthly dividend of $0.0883 per share, representing an annualized yield of 9.05%. The payment is scheduled for October 30 and will be distributed to shareholders who are on the record as of October 13. Shareholders will go ex-dividend on the same date. This consistent dividend declaration reflects the fund's strategy to provide regular income to investors, which may appeal particularly to those seeking stable returns in a low-yield environment. The yield is above average for similar funds and could attract attention from income-focused investors looking for reliable monthly payouts.
Topics: dividends income investing