John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Friday, October 11th will be given a dividend of 0.138 per share on Thursday, October 31st. This represents a $1.66 annualized dividend and a yield of 5.87%. The ex-dividend date of this dividend is Thursday, October 10th.
John Hancock Tax-Advantage Dvd Incom Fd. has raised its dividend payment by an average of 15.7% annually over the last three years.
Shares of HTD stock traded up $0.18 during trading hours on Thursday, hitting $28.20. 3,810 shares of the company’s stock traded hands, compared to its average volume of 75,495. The stock’s fifty day simple moving average is $26.59 and its two-hundred day simple moving average is $25.42. John Hancock Tax-Advantage Dvd Incom Fd. has a 12-month low of $19.53 and a 12-month high of $28.47.
John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-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 stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.
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