John Hancock Tax-Advantaged Dividend Income Fund (HTD) to Issue Monthly Dividend of $0.16 on November 30th

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) announced a monthly dividend on Monday, November 2nd. Investors of record on Thursday, November 12th will be given a dividend of $0.1580 per share on Monday, November 30th. This represents a $1.90 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Thursday, November 12th.

John Hancock Tax-Advantaged Dividend Income Fund Trading Down 1.7%

NYSE:HTD opened at $23.15 on Wednesday. The company has a fifty day moving average of $23.45 and a 200 day moving average of $24.82. John Hancock Tax-Advantaged Dividend Income Fund has a 52 week low of $21.90 and a 52 week high of $26.35.

About John Hancock Tax-Advantaged Dividend Income Fund

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) is a closed-end investment fund managed by John Hancock Investment Management. The fund seeks to provide a high level of current income that is generally eligible for favorable U.S. federal income-tax treatment, along with the potential for long-term growth of capital.

HTD invests primarily in dividend-paying common stocks and preferred securities. Its portfolio has a particular emphasis on companies in the utilities and other defensive, income-oriented sectors, while also allowing exposure to a broader range of industries and issuers.