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John Hancock Premium Div Fund (John Hancock Premium Div Fund) 5-Year Yield-on-Cost % : 8.74 (As of Apr. 25, 2024)


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What is John Hancock Premium Div Fund 5-Year Yield-on-Cost %?

John Hancock Premium Div Fund's yield on cost for the quarter that ended in Oct. 2023 was 8.74.


The historical rank and industry rank for John Hancock Premium Div Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

PDT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.98   Med: 7.37   Max: 13.44
Current: 8.74


During the past 7 years, John Hancock Premium Div Fund's highest Yield on Cost was 13.44. The lowest was 5.98. And the median was 7.37.


PDT's 5-Year Yield-on-Cost % is ranked better than
69.36% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs PDT: 8.74

Competitive Comparison of John Hancock Premium Div Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, John Hancock Premium Div Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Hancock Premium Div Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Premium Div Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where John Hancock Premium Div Fund's 5-Year Yield-on-Cost % falls into.



John Hancock Premium Div Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of John Hancock Premium Div Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

John Hancock Premium Div Fund  (NYSE:PDT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


John Hancock Premium Div Fund 5-Year Yield-on-Cost % Related Terms

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John Hancock Premium Div Fund (John Hancock Premium Div Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Premium Div Fund II is a United States-based closed-end management investment company. It seeks to provide a high current income consistent with modest growth of capital. The fund will pursue its objective by investing in a diversified portfolio comprised of dividend-paying preferred securities and common equity securities. The portfolio composition of the fund consists of preferred securities, common stocks, corporate bonds, and short-term investments.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Frances G Rathke other: Trustee of the Fund C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee officer: Vice President of the Adviser C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Sean Speer officer: Vice President of the Adviser C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116
Michael Tassinari officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Christopher Pompilio officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116

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