John Hancock Patriot Premium Div Fund II (NYSE:PDT) declared a monthly dividend on Thursday, December 21st, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.0975 per share by the real estate investment trust on Wednesday, January 31st. This represents a $1.17 annualized dividend and a yield of 7.17%. The ex-dividend date is Thursday, December 28th.
John Hancock Patriot Premium Div Fund II has increased its dividend payment by an average of 19.6% per year over the last three years.
John Hancock Patriot Premium Div Fund II (NYSE:PDT) traded down $0.18 during trading on Friday, reaching $16.32. 196,039 shares of the company’s stock traded hands, compared to its average volume of 106,364. John Hancock Patriot Premium Div Fund II has a 52-week low of $14.90 and a 52-week high of $17.33.
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About John Hancock Patriot Premium Div Fund II
John Hancock Premium Dividend Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income, consistent with modest growth of capital. The Fund seeks to pursue its objective by investing in a diversified portfolio comprised primarily of dividend paying preferred securities and common equity securities.
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