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

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) announced a monthly dividend on Monday, November 2nd. Investors of record on Thursday, November 12th will be given a dividend of $0.1580 per share on Monday, November 30th. This represents a $1.90 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Thursday, November 12th.

John Hancock Tax-Advantaged Dividend Income Fund Price Performance

NYSE:HTD opened at $23.53 on Tuesday. John Hancock Tax-Advantaged Dividend Income Fund has a one year low of $21.90 and a one year high of $26.35. The company’s 50-day simple moving average is $23.49 and its 200 day simple moving average is $24.83.

John Hancock Tax-Advantaged Dividend Income Fund Company Profile

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, along with the potential for long-term growth of capital.

HTD invests primarily in dividend-paying common stocks and preferred securities. Its portfolio has a particular emphasis on companies in the utilities and other defensive, income-oriented sectors, while also allowing exposure to a broader range of industries and issuers.