John Hancock Premium Dividend Fund
John Hancock Premium Dividend Fund
Your view on PDT
Overview
What the company does, where it operates, and who runs it.
About John Hancock Premium Dividend Fund
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- 601 Congress Street, Boston, MA, US
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- 601 Congress Street, Boston, MA, US
John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States.
It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend paying preferred stocks and common stocks of companies.
It benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 30% S&P 500 Utilities Index. The fund was formerly known as John Hancock Patriot Premium Dividend Fund II.
John Hancock Premium Dividend Fund was formed on December 21, 1989 and is domiciled in the United States.
Stock Data
Price chart, volume, and trading data.
What moved it
FRC Fair Value Algorithm
What the FRC Fair Value algorithm says it is worth vs. the current price — FRC's own, on every stock.
About this section
Fair value for John Hancock Premium Dividend Fund from FRC's valuation model, read against the market price. PDT last traded at $11.90, 4.6× trailing earnings — the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
About this section
Valuation, profitability, liquidity and leverage ratios for John Hancock Premium Dividend Fund. Starting points for John Hancock Premium Dividend Fund: P/E 4.6, EPS $2.55, beta 0.70 — an Asset Management name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
About this section
Dividend history, yield and payout sustainability for John Hancock Premium Dividend Fund. John Hancock Premium Dividend Fund paid $1.02 per share over the last year — a 8.6% yield at the current $11.90 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
About this section
Reported vs. expected earnings history for John Hancock Premium Dividend Fund. Trailing twelve-month EPS for John Hancock Premium Dividend Fund stands at $2.55. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
About this section
Income statement, balance sheet and cash flow history for John Hancock Premium Dividend Fund. John Hancock Premium Dividend Fund has reported as a listed company since 1989. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
More Asset Management companies
Market cap
- ARA.AXAriadne Australia LimitedASX
- ARC.AXARC Funds LimitedASX
- ARCCAres Capital CorporationNASDAQ$13.8B
- ARESAres Management CorporationNYSE$44.2B
- ASSTStrive, Inc.NASDAQ$2.3B
- ASXSFElysee Development Corp.OTC$11M
- ATONAlphaTON Capital Corp.NASDAQ$666,633
- AUCATIF Holdings Limited Ordinary SharesNASDAQ$73M
- AZIHFAzimut Holding S.p.A.OTC$5.6B
- BAMBrookfield Asset Management Ltd.NYSE$82.3B
- BAM.TOBrookfield Asset Management Ltd.TSX$117.4B
- BAMGFBrookfield Asset Management Inc.OTC$56.0B
ETFs holding John Hancock Premium Dividend Fund
% of the fund
- PCEFInvesco CEF Income Composite ETF$735M in assets1.01%
- FCEFFirst Trust Income Opportunities ETF$79M in assets2.52%
- CCEFCalamos CEF Income & Arbitrage ETF$34M in assets2.95%
- CEFSSaba Closed End Funds ETF$410M in assets0.07%
Largest holders first, then the funds most concentrated in PDT.
Institutional Ownership
Which funds and firms own the stock.
About this section
Which institutions hold John Hancock Premium Dividend Fund, and how their positions are changing. At a $585.1M market value, institutional positions materially move John Hancock Premium Dividend Fund's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
About this section
Buying and selling by John Hancock Premium Dividend Fund executives and directors. Shares of John Hancock Premium Dividend Fund have traded between $11.41 and $13.50 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
News
Latest headlines and market coverage.
About this section
Latest headlines and company announcements for John Hancock Premium Dividend Fund. Coverage tracks John Hancock Premium Dividend Fund within Asset Management (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.
No comments yet
Be the first to ask a question or say what you make of John Hancock Premium Dividend Fund.