HTD Stock Summary and Trading Ideas (JH Tax-Advantaged Dividend Income | NYSE:HTD)

The Fund’s investment objective is to provide a high level of after-tax total return from dividend income and capital appreciation. Under normal market conditions, the Fund invests at least 80% of its assets in dividend-paying common and preferred securities that the Advisor believes at the time of acquisition are eligible to pay dividends which, for individual shareholders, qualify for U.S. federal income taxation at rates applicable to long-term capital gains, which currently are taxed at a maximum rate of 20%.

JH Tax-Advantaged Dividend Income trades on the NYSE stock market under the symbol HTD.

As of April 16, 2024, HTD stock price climbed to $18.52 with 93,806 million shares trading.

HTD has a beta of 0.97, meaning it tends to be less sensitive to market movements. HTD has a correlation of 0.31 to the broad based SPY ETF.

HTD has a market cap of $656.20 million. This is considered a Small Cap stock.

In the last 3 years, HTD stock traded as high as $26.43 and as low as $16.17.

HTD has underperformed the market in the last year with a price return of -6.6% while the SPY ETF gained +23.7%. HTD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.5% and -5.0%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

HTD support price is $18.31 and resistance is $18.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HTD stock will trade within this expected range on the day.