JH Premium Dividend Fund Stock Price, News & Analysis

John Hancock Premium Dividend Fund (NYSE: PDT) announced its monthly distribution of $0.0825 per share, payable on September 30, 2024, to shareholders of record as of September 13, 2024. The distribution sources are: 65% net investment income, 9% net realized short-term capital gains, and 26% return of capital. For the fiscal year-to-date, the sources are: 58% net investment income and 42% return of capital.

Key financial metrics include:

• 5-year average annual total return: 5.60%
• Annualized current distribution rate: 7.48% of NAV
• Fiscal year-to-date cumulative total return: 34.23%
• Cumulative fiscal year-to-date distribution rate: 6.86% of NAV

The Fund operates under a managed distribution plan, with fixed monthly distributions of $0.0825 per share continuing until further notice.

John Hancock Premium Dividend Fund (NYSE: PDT) announced its monthly distribution of $0.0825 per share, payable on August 30, 2024, to shareholders of record as of August 12, 2024. The distribution sources are: 82% from net investment income and 18% from return of capital. For the fiscal year-to-date, 58% came from net investment income and 42% from return of capital. The fund's average annual total return over 5 years is 5.15%, with a current annualized distribution rate of 7.66% based on NAV. The fund's cumulative total return for the fiscal year through July 31, 2024, is 30.27%. Shareholders are advised that a portion of the distribution may be a return of capital and not to draw conclusions about the fund's performance from this distribution.

John Hancock Premium Dividend Fund (NYSE: PDT) announced its monthly distribution of $0.0825 per share, payable on July 31, 2024, to shareholders of record as of July 11, 2024. The distribution sources are: 19% from net investment income, 11% from net realized short-term capital gains, and 70% from return of capital. For the fiscal year-to-date, the fund has distributed $0.7425 per share, with 55% from net investment income and 45% from return of capital. The fund's average annual total return for the past 5 years is 4.31%, and its current annualized distribution rate is 8.00% of NAV. The fund's cumulative total return for the fiscal year through June 30, 2024, is 24.00%.

On June 28, 2024, John Hancock Premium Dividend Fund (NYSE: PDT) declared a monthly distribution of $0.0825 per share, payable to shareholders of record as of June 13, 2024. This distribution is part of the Fund's managed distribution plan. For the period of June 1 to June 30, 2024, 55% of the distribution derived from net investment income, and 45% represented a return of capital. For the fiscal year starting November 1, 2023, through June 30, 2024, the cumulative distribution totaled $0.6600 per share. The Fund's annualized current distribution rate was 7.79% of NAV as of May 31, 2024. The Fund estimates that it distributed more than its income and net realized capital gains, indicating a return of capital component. This distribution is not indicative of the Fund's investment performance.

John Hancock Premium Dividend Fund (NYSE: PDT) announced its monthly distribution of $0.0825 per share for May 2024, payable on May 31, 2024. The distribution sources include 90% net investment income and 10% return of capital, with no short or long-term capital gains. Year-to-date figures show 62% from net investment income, 4% from short-term gains, and 34% from return of capital. The 5-year average annual total return is 4.00%, with an annualized current distribution rate of 8.13% as of April 30, 2024. The cumulative fiscal return through April 30, 2024, is 20.30%, and the year-to-date distribution rate is 4.74%.

John Hancock Premium Dividend Fund (NYSE: PDT) announced sources of its monthly distribution of $0.0825 per share, providing a breakdown of the distribution, stating the sources as net investment income, capital gains, and return of capital. The Fund's managed distribution plan ensures fixed monthly distributions until further notice.