John Hancock Premium Dividend Fund Holds November Distribution at $0.0883 Per Share

John Hancock Premium Dividend Fund kept its monthly distribution at $0.0883 per share for November, with Nov. 12 set as the record and ex-dividend date.

The closed-end fund trades on the New York Stock Exchange under the ticker PDT. It declared the distribution Nov. 2 and scheduled payment for Nov. 30. The amount matches the fund’s October distribution.

Under its managed distribution plan, monthly distributions are set at $0.0883 per share until further notice. They may come from net investment income, realized capital gains or return of capital. The November announcement did not break down the payment’s sources.

For October, the fund estimated that $0.0569 per share, or 64%, came from return of capital and $0.0314 per share, or 36%, came from net investment income. Those estimates apply to October’s distribution.