HANCOCK PAT -II (PDT) Declares $0.10 Monthly Dividend
HANCOCK PAT -II (NYSE:PDT) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Monday, November 13th will be paid a dividend of 0.0975 per share by the real estate investment trust on Thursday, November 30th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Friday, November 10th.
HANCOCK PAT -II has increased its dividend by an average of 4.4% per year over the last three years.
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About HANCOCK PAT -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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