- John Hancock Premium Dividend Fund (PDT, Financial) declares a monthly distribution of $0.0825 per share for June 2025.
- Distribution sources include 74% net investment income, 18% short-term capital gains, and 8% long-term capital gains.
- The Fund achieved an average annual total return of 10.17% over the past five years.
The John Hancock Premium Dividend Fund (PDT) has announced a fixed monthly distribution of $0.0825 per share for June 2025. This distribution is payable to shareholders of record as of June 12, 2025, under the Fund's managed distribution plan.
The estimated breakdown of the June distribution reveals that 74% is derived from net investment income, 18% from realized short-term capital gains, and 8% from realized long-term capital gains. Notably, there is no return of capital included in this month's distribution, though 10% of the fiscal year-to-date distributions have been attributed to return of capital.
As of May 31, 2025, the Fund has delivered an impressive average annual total return of 10.17% over a five-year period. The annualized current distribution rate stands at 7.34% of NAV. However, the cumulative total return for the fiscal year through May 31, 2025, is reported at 3.77%, with a fiscal year-to-date distribution rate of 4.89% of NAV.
The Fund continues to operate under a managed distribution plan, ensuring fixed monthly payouts of $0.0825 per share until further notice. Shareholders are advised that the reported distribution sources are estimates and subject to adjustments for tax reporting purposes later in the fiscal year.
