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Price
$22.85Last Dividend
$0.14Annual ROE
29.79%Beta
0.42Events Calendar
Next earnings date:
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Jan 13, 2025Recent ex-dividend date:
Dec 12, 2024Next split:
N/ARecent split:
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BOSTON , Dec. 31, 2024 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of December 12, 2024, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
John Hancock Tax-Advantaged Dividend Income Fund offers a compelling mix of capital appreciation and a high 7.7% dividend yield, making it attractive for income-focused investors. The fund's defensive sector exposure, primarily in utilities and infrastructure, positions it well for future growth and stability. HTD's current discount to NAV and tax-efficient distributions present a timely buying opportunity, despite its reliance on net realized gains to support the bulk of the dividend.
BOSTON , Nov. 29, 2024 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of November 12, 2024, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
BOSTON , Oct. 31, 2024 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of October 11, 2024, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
BOSTON , Sept. 30, 2024 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of September 13, 2024, pursuant to the Fund's managed distribution plan.
The John Hancock Tax-Advantaged Dividend Income Fund offers a 7.21% yield and inflation protection through its investment in dividend-paying common equities, especially in the utility sector. The fund's hybrid strategy, combining common equities and fixed-income securities, provides a balanced approach, outperforming the S&P 500 with a 26.26% total return over seven months. The fund has significant exposure to electric utility common equity securities, which should benefit from the growing prominence of generative artificial intelligence.
BOSTON , July 31, 2024 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of July 11, 2024, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
BOSTON , June 28, 2024 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of June 13, 2024, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
John Hancock Tax-Advantaged Dividend Income Fund offers investors an 8.4% yield in a tax-friendly manner through preferred stocks and use of return of capital. HTD's exposure to the utilities sector presents some weakness amidst the higher interest rate environment. HTD currently trades at a discount to NAV of 9.33%, presenting an attractive entry point for investors looking to lock in high-yielding income.
John Hancock Tax-Advantaged Dividend Income Fund is back trading at an attractive relative and absolute discount. The HTD closed-end fund offers exposure to utility and fixed-income/preferred securities, which should perform well going forward after being beaten down by the higher-rate environment. HTD has delivered a steady monthly distribution, and while a distribution cut can never be 100% ruled out, I do suspect the payout is fairly safe for the time being.
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