John Hancock Premium Dividend Fund (NYSE:PDT) Hits New 12-Month Low – Here’s Why

Posted by Stanley Muller on Sep 18th, 2026

John Hancock Premium Dividend Fund (NYSE:PDT – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $11.91 and last traded at $11.9850, with a volume of 227198 shares trading hands. The stock had previously closed at $12.01.

John Hancock Premium Dividend Fund Stock Performance

The firm’s 50-day moving average price is $12.67 and its 200 day moving average price is $12.90.

John Hancock Premium Dividend Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th will be given a dividend of $0.0883 per share. The ex-dividend date is Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 8.7%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PDT. Arlington Capital Management Inc. grew its holdings in shares of John Hancock Premium Dividend Fund by 7.2% in the 2nd quarter. Arlington Capital Management Inc. now owns 21,440 shares of the real estate investment trust’s stock valued at $278,000 after buying an additional 1,441 shares during the period. Saba Capital Management L.P. acquired a new stake in John Hancock Premium Dividend Fund during the 1st quarter worth $380,000. Cetera Investment Advisers lifted its holdings in John Hancock Premium Dividend Fund by 30.7% during the first quarter. Cetera Investment Advisers now owns 69,349 shares of the real estate investment trust’s stock worth $908,000 after acquiring an additional 16,298 shares in the last quarter. First Trust Advisors LP lifted its holdings in John Hancock Premium Dividend Fund by 36.6% during the first quarter. First Trust Advisors LP now owns 142,765 shares of the real estate investment trust’s stock worth $1,870,000 after acquiring an additional 38,256 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in John Hancock Premium Dividend Fund by 103.3% in the first quarter. PNC Financial Services Group Inc. now owns 10,638 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 5,405 shares during the period. 12.98% of the stock is currently owned by institutional investors.

John Hancock Premium Dividend Fund Company Profile

(Get Free Report)

John Hancock Premium Dividend Fund (NYSE: PDT) is a closed-end management investment company that seeks to provide current income and long-term capital appreciation. The fund invests primarily in dividend-paying securities, including preferred and common stocks, with an emphasis on companies in the utility and energy sectors.

The fund’s portfolio may include securities issued by electric, gas and water utilities, telecommunications companies, pipelines and other infrastructure-related businesses.