John Hancock Tax-Advantaged Dividend Income Fund Declares $0.1580 Distribution for 7.44% Yield
HTD•On July 1, 2026, John Hancock Tax-Advantaged Dividend Income Fund declared a $0.1580 per share monthly distribution under its managed distribution plan. Based on the June 30 closing market price of $25.49, the distribution equates to an annualized yield of 7.44% and will pay on July 31, with an ex-dividend date of July 13.
1. Monthly Distribution Declaration
On July 1, 2026 the fund declared a monthly distribution of $0.1580 per share under its managed distribution plan, maintaining the same per-share amount as prior periods. The board approved continuation of this level until further notice.
2. Distribution Schedule and Yield
The distribution carries an ex-dividend and record date of July 13, 2026, with payment on July 31, 2026. At the June 30 market close price of $25.49, the monthly payment implies an annualized current distribution rate of 7.44%.
3. Composition and Tax Considerations
Distributions may comprise net investment income, long- and short-term capital gains, and, if necessary, return of capital, with potential additional payouts to avoid federal excise taxes. A notice detailing estimated distribution components will be provided at payment, and a Form 1099-DIV will follow year-end for tax reporting.
