John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) Shareholders to Receive $0.16 Monthly Dividend

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD – Get Free Report) announced a monthly dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be given a dividend of $0.1580 per share on Friday, October 30th. This represents a $1.90 dividend on an annualized basis and a yield of 8.6%. The ex-dividend date is Tuesday, October 13th.

John Hancock Tax-Advantaged Dividend Income Fund Stock Down 0.1%

NYSE:HTD opened at $22.15 on Friday. John Hancock Tax-Advantaged Dividend Income Fund has a 12 month low of $21.94 and a 12 month high of $26.35. The firm’s 50 day moving average is $24.79 and its 200 day moving average is $25.16.

About John Hancock Tax-Advantaged Dividend Income Fund

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John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) is a closed-end investment fund managed by John Hancock Investment Management. The fund seeks to provide a high level of current income that is generally eligible for favorable U.S. federal income-tax treatment, while also pursuing long-term growth of capital.

To pursue its objectives, HTD invests primarily in dividend-paying common and preferred stocks. Its portfolio has historically emphasized income-oriented sectors such as utilities and financial services, although its holdings and sector allocations may change over time based on the fund’s investment strategy and market conditions.

The fund was established in 2004 and is listed on the New York Stock Exchange.

Further Reading

Dividend History for John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD)

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