John Hancock Tax-Advantaged Dividend Income Fund
HTDFinancial Services · Stock · monthly payer
Forward Yield
7.46%
Annual Dividend
$1.90
Payout Ratio
39%
5-Yr Growth
1.2%
Ex-Date
Aug 13, 2026
Frequency
Monthly
Summary
As of August 2026, John Hancock Tax-Advantaged Dividend Income Fund (HTD) yields 7.46% ($1.90 per share annually), with a blended fair-value estimate of $28.34 — +12% upside, so it screens as fairly valued. Dividend safety grade: A (87/100). 1 years of dividend growth.
Is HTD a good dividend stock?
YesJohn Hancock Tax-Advantaged Dividend Income Fund (HTD) pays a monthly dividend yielding 7.46% ($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 (39%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 7.46%
- Payout Ratio
- 39%
- Annual Dividend
- $1.90
- 5-Yr Avg Growth
- 1.2%
- Ex-Dividend Date
- Aug 13, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.80
- Market Cap
- $900.3M
- P/E Ratio
- 5.3
- 5-Yr Total Return
- 4%
- 52-Week Range
- $23.15 – $26.35
- Dividend Safety
- A · 87/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
HTD Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+32%
5 Years
+4%
52-Week Range
$23.15 – $26.35
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HTD worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for John Hancock Tax-Advantaged Dividend Income Fund is $28.34 per share, versus a market price of $25.41. That implies the stock is roughly fairly priced.
Fair Value
$28.34
Current Price
$25.41
Gap
+12%
Margin of Safety
10%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 10.1% annual free-cash-flow growth. We model 1.4% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.3% discount rate (CAPM), 1.4% stage-1 growth, 2.5% terminal growth, $4.83 EPS, $1.90 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HTD Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 13, 2026 | — | $0.1580 | regular |
| Jun 11, 2026 | — | $0.1580 | regular |
| May 11, 2026 | — | $0.1580 | regular |
| Apr 13, 2026 | — | $0.1580 | regular |
| Mar 12, 2026 | — | $0.1580 | regular |
| Feb 12, 2026 | — | $0.1580 | regular |
| Jan 12, 2026 | — | $0.1580 | regular |
| Dec 11, 2025 | — | $0.1580 | regular |
| Nov 13, 2025 | — | $0.1580 | regular |
| Oct 14, 2025 | — | $0.1580 | regular |
| Sep 12, 2025 | — | $0.1580 | regular |
| Aug 11, 2025 | — | $0.1580 | regular |
| Jul 11, 2025 | — | $0.1580 | regular |
| Jun 12, 2025 | — | $0.1380 | regular |
Income Calculator
At $1.90 / yr per share
