John Hancock Premium Dividend Fund
PDTFinancial Services · Stock · monthly payer
$12.79
Add to PortfolioForward Yield
7.74%
Annual Dividend
$0.99
Payout Ratio
71%
5-Yr Growth
-3.3%
Ex-Date
Jun 11, 2026
Frequency
Monthly
PDT Dividend Safety Score
60/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage71% of earnings paid out
Balance-sheet strengthDebt/equity of 0.54
Yield vs its historyYield in line with its history
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
Is PDT a good dividend stock?
Yes, with caveatsJohn Hancock Premium Dividend Fund (PDT) pays a monthly dividend yielding 7.74% ($0.99/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.74%
- Payout Ratio
- 71%
- Annual Dividend
- $0.99
- 5-Yr Avg Growth
- -3.3%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.69
- Market Cap
- $629.1M
- P/E Ratio
- 9.2
- 5-Yr Total Return
- -25%
- 52-Week Range
- $12.53 – $13.65
- Dividend Safety
- C · 60/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.0830 | regular |
| Apr 13, 2026 | — | $0.0830 | regular |
| Mar 12, 2026 | — | $0.0830 | regular |
| Feb 12, 2026 | — | $0.0830 | regular |
| Jan 12, 2026 | — | $0.0830 | regular |
| Dec 11, 2025 | — | $0.0830 | regular |
| Nov 13, 2025 | — | $0.0830 | regular |
| Oct 14, 2025 | — | $0.0830 | regular |
| Sep 12, 2025 | — | $0.0830 | regular |
| Aug 11, 2025 | — | $0.0830 | regular |
| Jul 11, 2025 | — | $0.0830 | regular |
| Jun 12, 2025 | — | $0.0830 | regular |
| May 12, 2025 | — | $0.0830 | regular |
| Apr 11, 2025 | — | $0.0830 | regular |
Income Calculator
At $0.99 / yr per share
Per payment (monthly)$8.25
Annual$99.00
Monthly avg$8.25
