John Hancock Tax-Advantaged Dividend Income Fund Declares $0.1580 Monthly Distribution at 7.65% Yield
John Hancock Tax-Advantaged Dividend Income Fund declared a $0.1580 per share monthly distribution, payable April 30, with an ex- and record date of April 13. Based on its $24.77 market price as of March 31, this distribution corresponds to a 7.65% annualized rate.
1. Distribution Details
On April 1, 2026, the Tax-Advantaged Dividend Income Fund declared a $0.1580 per share distribution under its managed distribution plan, with ex-dividend and record date set for April 13 and payment scheduled for April 30.
2. Yield Calculation
With HTD trading at $24.77 as of March 31, the monthly payout equates to a 7.65% annualized distribution rate, positioning the fund among higher-yielding closed-end options.
3. Distribution Composition
Under the fund’s distribution plan, monthly payouts may consist of net investment income, net realized long- and short-term capital gains, and, if necessary, return of capital, subject to board amendment or termination at any time.