John Hancock Premium Dividend Fund About To Put More Money In Your Pocket (PDT)

Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, John Hancock Premium Dividend Fund (PDT) will trade ex-dividend, for its monthly dividend of $0.0755, payable on 10/31/13. As a percentage of PDT's recent stock price of $11.80, this dividend works out to approximately 0.64%, so look for shares of John Hancock Premium Dividend Fund to trade 0.64% lower — all else being equal — when PDT shares open for trading on 10/9/13.

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Below is a dividend history chart for PDT, showing historical dividends prior to the most recent $0.0755 declared by John Hancock Premium Dividend Fund:

PDT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PDT is likely to continue, and whether the current estimated yield of 7.68% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of PDT shares, versus its 200 day moving average:

John Hancock Premium Dividend Fund 200 Day Moving Average Chart

Looking at the chart above, PDT's low point in its 52 week range is $11.47 per share, with $14.95 as the 52 week high point — that compares with a last trade of $11.79.

In Monday trading, John Hancock Premium Dividend Fund shares are currently off about 0.7% on the day.

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