John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD – Free Report) announced a monthly dividend on Thursday, August 1, Zacks reports. Shareholders of record on Monday, August 12 will be paid a dividend of $0.138 per share on Friday, August 30. This represents an annualized dividend of $1.66 and a dividend yield of 7.83%. The ex-dividend date is Monday, August 12.
The John Hancock Tax-Advantaged Dividend Income Fund has reduced its dividend payout by an average of 1.1% annually over the past three years.
Price development of the John Hancock Tax-Advantaged Dividend Income Fund
HTD shares traded $0.04 lower on Friday, reaching $21.16. 39,627 shares of the company traded hands, compared to an average volume of 86,811. John Hancock Tax-Advantaged Dividend Income Fund has a one year low of $16.17 and a one year high of $21.63. The company’s 50-day moving average is $20.44 and its 200-day moving average is $19.78.
About the John Hancock Tax-Advantaged Dividend Income Fund
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John Hancock Tax-Advantaged Dividend Income Fund is a closed-end equity fund established and managed by John Hancock Investment Management LLC. It is jointly managed by John Hancock Asset Management and Analytic Investors, LLC. The Fund invests in the public equity markets of the United States. It seeks to invest in equity securities of companies operating in a variety of sectors, with an emphasis on the utilities sector.
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