John Hancock Premium Dividend Fund will pay $0.0883 per share for November, maintaining the prior month’s level and keeping a monthly payout in place for shareholders.
John Hancock Investment Management said in its Nov. 2 release that the fund declared the distribution that day. The fund’s October release also lists $0.0883 per share, and it trades on the New York Stock Exchange under ticker PDT.
Nov. 12 is both the record date and ex-dividend date; payment is scheduled for Nov. 30.
John Hancock Investment Management’s release says the plan will continue monthly distributions of $0.0883 per share. It lists net investment income, realized capital gains and return of capital as possible funding sources, without specifying November’s mix.
