John Hancock Premium Dividend Fund Sets $0.0825 Monthly Payout for 7.69% Yield
PDT•John Hancock Premium Dividend Fund declared its June distribution of $0.0825 per share, payable June 30, with an ex- and record date of June 11, 2026. At a market price of $12.88 on May 29, the distribution implies a 7.69% annualized yield.
1. Monthly Distribution Details
The Premium Dividend Fund declared a monthly payout of $0.0825 per share under its managed distribution plan, with shares trading at $12.88 as of May 29. The ex-dividend and record dates are both June 11, 2026, and the payment will be made on June 30, 2026, implying a 7.69% annualized rate.
2. Managed Distribution Plan
Under the PDT Plan, the fund distributes $0.0825 each month until further notice. These distributions may include net investment income, realized capital gains, and, if necessary, return of capital, with the board retaining the right to amend or terminate the plan at any time.
3. Tax and Capital Return Notes
A portion of the distribution may consist of return of capital, which is not income or gain for tax purposes. Investors will receive a Form 1099-DIV after year-end detailing the federal tax treatment of distributions received during the calendar year.
