John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.92 and traded as high as $12.99. John Hancock Premium Dividend Fund shares last traded at $12.95, with a volume of 127,587 shares trading hands.
John Hancock Premium Dividend Fund Price Performance
The company's 50-day moving average price is $12.84 and its two-hundred day moving average price is $12.92.
John Hancock Premium Dividend Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 13th will be given a dividend of $0.0825 per share. This represents a $0.99 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Thursday, March 13th.
Institutional Trading of John Hancock Premium Dividend Fund
A number of institutional investors have recently modified their holdings of the stock. Ausdal Financial Partners Inc. raised its stake in John Hancock Premium Dividend Fund by 1.7% in the fourth quarter. Ausdal Financial Partners Inc. now owns 57,932 shares of the real estate investment trust's stock valued at $738,000 after purchasing an additional 983 shares in the last quarter. Sound Income Strategies LLC increased its holdings in John Hancock Premium Dividend Fund by 112.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,923 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 1,017 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in John Hancock Premium Dividend Fund by 11.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,903 shares of the real estate investment trust's stock valued at $177,000 after buying an additional 1,400 shares during the period. Pathway Financial Advisers LLC raised its position in shares of John Hancock Premium Dividend Fund by 0.6% in the 4th quarter. Pathway Financial Advisers LLC now owns 222,209 shares of the real estate investment trust's stock valued at $2,831,000 after buying an additional 1,428 shares in the last quarter. Finally, Arlington Capital Management Inc. lifted its holdings in shares of John Hancock Premium Dividend Fund by 15.2% during the 4th quarter. Arlington Capital Management Inc. now owns 14,426 shares of the real estate investment trust's stock worth $184,000 after acquiring an additional 1,906 shares during the period. 12.98% of the stock is currently owned by institutional investors.
About John Hancock Premium Dividend Fund
(
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John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.
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