John Hancock Premium Dividend Fund: Essential Insights Before Aug 11, 2025 Ex-Dividend Date

The John Hancock Premium Dividend Fund (PDT) has announced its upcoming dividend details. The ex-dividend date is set for Aug 11, 2025, while the payment date is scheduled for Aug 29, 2025, with a dividend of $0.083 per share. This payment marks a slight increase compared to the average of the last ten dividends, which stood at approximately $0.079 per share. The previous dividend was paid on Jul 31, 2025, with the same rate of $0.083 per share. The nature of the dividend remains as a cash dividend.

Recently, the John Hancock Premium Dividend Fund has been in the news, notably following Paramount Global's transformative merger with Skydance Media. This merger, completed on Aug 7, 2025, resulted in the formation of the new parent company, Paramount Skydance Corporation. Paramount's Class A and B shares were converted into new shares or cash, with the delisting from Nasdaq occurring shortly after. Paramount's existing bonds now have a full guarantee from the larger entity, enhancing bondholder protection. This strategic shift has positioned the company on a new growth trajectory.

In other developments, the stock price of John Hancock Premium Dividend Fund recently fluctuated between $13.41 and $13.47. Analysts indicate that the fund's total net assets amounted to $688.19 million as of Aug 5, 2025, with total managed assets reaching $1.04 billion. The fund's portfolio consists of 129 holdings, and its turnover rate was recorded at 27% as of Oct 31, 2024. These figures reflect the fund's robust financial health and strategic asset management.

In conclusion, the John Hancock Premium Dividend Fund continues to offer a stable dividend payout, with the next ex-dividend date set for Aug 11, 2025. Investors must purchase shares before this date to be eligible for the dividend. Any acquisitions made post the ex-dividend date will not qualify for the current dividend distribution.