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John Hancock Closed-End Funds Declare Monthly Distributions
PRNewswire (Tue, 1-Sep 4:17 PM ET)
PRNewswire (Mon, 31-Aug 4:11 PM ET)
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
PRNewswire (Mon, 3-Aug 4:30 PM ET)
PRNewswire (Fri, 31-Jul 4:20 PM ET)
PRNewswire (Thu, 25-Jun 4:21 PM ET)
The Fund seeks to provide a high level of current income consistent with modest growth of capital for holders of its common shares. The Fund invests in a diversified portfolio of dividend-paying preferred stocks and common equity securities. Under normal circumstances, the Fund invests at least 80% of its net assets in dividend-paying securities and invests more than 25% of total assets in the utilities industry. Preferred stocks and debt obligations in which the Fund invests are rated investment grade by Moody’s or Standard & Poor’s at the time of investment, or will be preferred stock of issuers of investment-grade senior debt.
JH Premium Dividend trades on the NYSE stock market under the symbol PDT.
As of September 18, 2026, PDT stock price declined to $12.13 with 128,796 million shares trading.
PDT has a beta of 0.28, meaning it tends to be less sensitive to market movements. PDT has a correlation of 0.12 to the broad based SPY ETF.
PDT has a market cap of $596.62 million. This is considered a Small Cap stock.
In the last 3 years, PDT traded as high as $13.65 and as low as $8.77.
PDT has underperformed the market in the last year with a price return of -1.7% while the SPY ETF gained +16.8%. PDT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.6% and -1.9%, respectively, while the SPY returned +2.3% and -0.9%, respectively.
PDT support price is $12.05 and resistance is $12.25 (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 PDT shares will trade within this expected range on the day.