SmarterDividends
HTD

John Hancock Tax-Advantaged Dividend Income Fund

HTD

Financial Services · Asset Management · Stock · monthly payer

$23.25

Undervalued · +72% Add to Portfolio

Forward Yield

8.33%

Annual Dividend

$1.90

Payout Ratio

38%

5-Yr Growth

1.2%

Ex-Date

Oct 13, 2026

Frequency

Monthly

Key facts about HTD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, John Hancock Tax-Advantaged Dividend Income Fund (HTD) has a forward dividend yield of 8.33%, based on an annual dividend of $1.90 per share and a share price of $23.25.
  • As of Oct 30, 2026, HTD's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • HTD last cut its regular dividend in 2009.
  • HTD's most recent ex-dividend date was Oct 13, 2026, for a dividend of $0.16 per share.
  • As of Oct 30, 2026, HTD pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
  • HTD's dividend has grown at an average rate of 1.2% a year over the past five years.
  • As of Oct 30, 2026, HTD's 8.33% yield is 13% above its five-year average yield of 7.38%.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for HTD is $40.01 per share, 72% above the $23.25 share price, so HTD screens as undervalued.
  • John Hancock Tax-Advantaged Dividend Income Fund (HTD) pays its dividend monthly, 12 times a year.
  • John Hancock Tax-Advantaged Dividend Income Fund (HTD) has raised its regular dividend 8 times and cut it 2 times across the 270 payments on record since 2004. Its most recent change was a 14.5% increase to $0.158 per share, going ex-dividend on Jul 11, 2025. The last cut went ex-dividend on Apr 8, 2009.
Cite this page

SmarterDividends, "HTD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/HTD

Summary

As of Oct 30, 2026, John Hancock Tax-Advantaged Dividend Income Fund (HTD) yields 8.33% ($1.90 a year per share) and has a dividend safety grade of A (86/100).

Is HTD a good dividend stock?

Yes

John Hancock Tax-Advantaged Dividend Income Fund (HTD) pays a monthly dividend yielding 8.33% ($1.90/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Comfortable payout ratio (38%)
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.33%
Payout Ratio
38%
Annual Dividend
$1.90
5-Yr Avg Growth
1.2%
Ex-Dividend Date
Oct 13, 2026
Years of Growth
1
Frequency
monthly
Beta
0.80
Market Cap
$823.8M
P/E Ratio
4.8
5-Yr Total Return
-3%
52-Week Range
$21.90 – $26.35
Dividend Safety
A · 86/100
Ever Cut?
Yes (2009)

HTD dividend raises and cuts

John Hancock Tax-Advantaged Dividend Income Fund (HTD) has raised its regular dividend 8 times and cut it 2 times across the 270 payments on record since 2004. Its most recent change was a 14.5% increase to $0.158 per share, going ex-dividend on Jul 11, 2025. The last cut went ex-dividend on Apr 8, 2009.

Ex-dateChangeOld → newMove
Jul 11, 2025Raise$0.138 → $0.158+14.5%
Oct 11, 2016Raise$0.121 → $0.138+14.0%
Jul 9, 2014Raise$0.110 → $0.121+10.0%
Dec 10, 2013Raise$0.0990 → $0.110+11.1%
Jul 7, 2011Raise$0.0910 → $0.0990+8.8%
Apr 8, 2009Cut$0.140 → $0.0910−35.0%
Aug 11, 2008Raise$0.125 → $0.140+12.0%
Jan 10, 2008Raise$0.0970 → $0.125+28.9%
Jan 11, 2006Raise$0.0960 → $0.0970+1.0%
Dec 8, 2005Cut$0.0970 → $0.0960−1.0%
Every HTD payment →Download every raise and cut (CSV)
HTD ex-dividend date & scheduleNext ex-date Oct 13, 2026 · full ex-dividend historyView →HTD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is HTD a good dividend stock?

Yes. John Hancock Tax-Advantaged Dividend Income Fund (HTD) pays a monthly dividend yielding 8.33% ($1.90/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is HTD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HTD's fair value is about $40.01 versus a $23.25 share price — so it looks undervalued (+72% vs. fair value).

Is HTD's dividend safe?

HTD has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is HTD's fair value?

Our blended fair-value estimate for HTD is about $40.01 per share, roughly 72% above the current $23.25 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HTD a buy, hold, or sell?

We don't issue formal ratings, but on the data HTD screens as "yes" and undervalued. John Hancock Tax-Advantaged Dividend Income Fund (HTD) pays a monthly dividend yielding 8.33% ($1.90/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will HTD cut its dividend?

HTD earns a dividend-safety grade of A (86/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HTD pay a dividend?

Yes. John Hancock Tax-Advantaged Dividend Income Fund pays a monthly dividend of about $1.90 per share annually, a forward yield of roughly 8.33%.

What is HTD's dividend yield?

As of Oct 30, 2026, HTD's forward dividend yield is 8.33%, based on a $1.90 annual dividend and a $23.25 share price.

What is HTD's dividend per share?

As of Oct 30, 2026, HTD pays $1.90 per share per year, distributed on a monthly basis.

What is HTD's dividend payout ratio?

As of Oct 30, 2026, HTD's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has HTD grown its dividend?

As of Oct 30, 2026, HTD has increased its dividend for 1 consecutive years.

When is the next HTD ex-dividend date?

As of Oct 30, 2026, HTD's next ex-dividend date hasn't been announced. The most recent was Oct 13, 2026, for $0.16 per share.

Income Calculator

At $1.90 / yr per share

Per payment (monthly)$15.83
Annual$190.00
Monthly avg$15.83

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