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John Hancock Tax-Advantaged Dividend Income Fund Announces $0.158 Monthly Dividend
ByAinvest
Tuesday, Sep 2, 2025 4:56 pm ET1min read
John Hancock Tax-Advantaged Dividend Income Fund (HTD) has declared a $0.158 monthly dividend, in line with the previous payout. The forward yield is 7.73%. The dividend is payable on September 30, with a record date of September 12 and an ex-dividend date of September 12.
John Hancock Tax-Advantaged Dividend Income Fund (HTD) has declared a monthly distribution of $0.1580 per share, aligning with its previous payout [1]. The forward yield stands at 7.73%, reflecting a consistent income stream for investors. The dividend will be paid on September 30, 2025, with a record date of September 12 and an ex-dividend date of September 12 as well [1].The fund's managed distribution plan (HTD Plan) dictates that the monthly distribution of $0.1580 per share will continue until further notice. This plan allows for distributions that may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains, and return of capital [1].
The latest press release highlights that the current distribution includes net investment income as the primary source, with a breakdown of $0.1163 per share, constituting 74% of the total distribution [2]. The remaining components include net realized short-term capital gains and net realized long-term capital gains, with no realized gains reported in the current period [2].
Investors should be aware that a portion of the distribution may be a return of capital, which does not reflect the fund's investment performance. The fund will send shareholders a Form 1099-DIV at the end of the calendar year to assist with federal income tax reporting [1].
The fund's forward-looking statements indicate that the managed distribution plan may be amended or terminated at any time by the Board. Investors are advised to review the fund's investment objectives, risks, charges, and expenses before investing [1].
References:
[1] https://www.prnewswire.com/news-releases/john-hancock-closed-end-funds-declare-monthly-distributions-302544269.html
[2] https://www.morningstar.com/news/pr-newswire/20250829to62098/john-hancock-tax-advantaged-dividend-income-fund-notice-to-shareholders-sources-of-distribution-under-section-19a
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