John Hancock Premium Dividend Fund (PDT) To Go Ex-Dividend on February 12th

John Hancock Premium Dividend Fund (NYSE:PDT) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be given a dividend of 0.0825 per share by the real estate investment trust on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, February 12th.

John Hancock Premium Dividend Fund Trading Up 0.6%

PDT stock opened at $13.11 on Wednesday. John Hancock Premium Dividend Fund has a 52 week low of $11.41 and a 52 week high of $13.50. The firm has a 50 day moving average of $12.80 and a 200 day moving average of $13.08.

Hedge Funds Weigh In On John Hancock Premium Dividend Fund

Institutional investors have recently bought and sold shares of the business. Invesco Ltd. lifted its position in John Hancock Premium Dividend Fund by 9.6% during the third quarter. Invesco Ltd. now owns 753,289 shares of the real estate investment trust’s stock valued at $10,049,000 after purchasing an additional 65,838 shares during the period. Axxcess Wealth Management LLC grew its holdings in John Hancock Premium Dividend Fund by 4.6% during the third quarter. Axxcess Wealth Management LLC now owns 509,810 shares of the real estate investment trust’s stock worth $6,801,000 after acquiring an additional 22,316 shares during the period. Wolverine Asset Management LLC raised its position in John Hancock Premium Dividend Fund by 2,093.1% during the fourth quarter. Wolverine Asset Management LLC now owns 260,103 shares of the real estate investment trust’s stock valued at $3,303,000 after acquiring an additional 248,243 shares in the last quarter. Cornerstone Advisors LLC lifted its holdings in John Hancock Premium Dividend Fund by 4.6% in the third quarter. Cornerstone Advisors LLC now owns 242,462 shares of the real estate investment trust’s stock valued at $3,234,000 after acquiring an additional 10,700 shares during the period. Finally, Pathway Financial Advisers LLC lifted its holdings in John Hancock Premium Dividend Fund by 2.4% in the second quarter. Pathway Financial Advisers LLC now owns 226,179 shares of the real estate investment trust’s stock valued at $2,979,000 after acquiring an additional 5,360 shares during the period. 12.98% of the stock is owned by hedge funds and other institutional investors.

About John Hancock Premium Dividend Fund

The John Hancock Premium Dividend Fund (NYSE:PDT) is a publicly traded, closed-end management investment company designed to deliver high current income and potential capital growth. The fund’s core strategy centers on dividend-paying and income-producing securities, combining equity and fixed-income instruments to achieve a balanced risk-return profile.

Managed by John Hancock Investment Management (US) LLC, a subsidiary of Manulife Financial Corporation, the fund primarily allocates assets to dividend-paying common stocks and preferred stocks of U.S.