JOHN HANCOCK PREMIUM DIVIDEND FUND - NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
John Hancock Premium Dividend Fund (NYSE: PDT) has announced its monthly distribution of $0.0825 per share, payable on February 28, 2025, to shareholders of record as of February 13, 2025. The distribution is part of the Fund's managed distribution plan, which maintains fixed monthly payments.
The Fund indicates it has likely distributed more than its income and net realized capital gains, suggesting a portion of the distribution may represent a return of capital. This means some investors might receive part of their original investment back, which shouldn't be confused with yield or income.
The exact tax implications and sources of the distribution will be detailed in Form 1099-DIV, which will be sent to shareholders for tax reporting purposes. The Fund will continue its fixed monthly distributions of $0.0825 per share until further notice.
John Hancock Premium Dividend Fund (NYSE: PDT) ha annunciato la sua distribuzione mensile di $0.0825 per azione, pagabile il 28 febbraio 2025, agli azionisti registrati al 13 febbraio 2025. La distribuzione fa parte del piano di distribuzione gestita del Fondo, che mantiene pagamenti fissi mensili.
Il Fondo indica di aver probabilmente distribuito più del suo reddito e dei guadagni in conto capitale netti realizzati, suggerendo che una parte della distribuzione potrebbe rappresentare un rimborso di capitale. Questo significa che alcuni investitori potrebbero ricevere indietro parte del loro investimento originale, il che non deve essere confuso con il rendimento o il reddito.
Le esatte implicazioni fiscali e le fonti della distribuzione saranno dettagliate nel Modulo 1099-DIV, che sarà inviato agli azionisti per scopi di dichiarazione fiscale. Il Fondo continuerà le sue distribuzioni mensili fisse di $0.0825 per azione fino a nuovo avviso.
John Hancock Premium Dividend Fund (NYSE: PDT) ha anunciado su distribución mensual de $0.0825 por acción, pagadera el 28 de febrero de 2025, a los accionistas registrados hasta el 13 de febrero de 2025. La distribución es parte del plan de distribución gestionada del Fondo, que mantiene pagos fijos mensuales.
El Fondo indica que probablemente ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que sugiere que una parte de la distribución puede representar un reembolso de capital. Esto significa que algunos inversores podrían recibir de vuelta parte de su inversión original, lo cual no debe confundirse con rendimiento o ingreso.
Las implicaciones fiscales exactas y las fuentes de la distribución se detallarán en el Formulario 1099-DIV, que se enviará a los accionistas para fines de declaración fiscal. El Fondo continuará sus distribuciones mensuales fijas de $0.0825 por acción hasta nuevo aviso.
존 핸콕 프리미엄 배당 펀드 (NYSE: PDT)는 주당 $0.0825의 월 배당금을 발표했으며, 2025년 2월 28일에 지급될 예정입니다. 이 배당금은 2025년 2월 13일 기준 주주에게 지급됩니다. 이 배당금은 펀드의 관리 배당 계획의 일환으로, 매달 고정된 지급액을 유지합니다.
펀드는 수익 및 실현된 순 자본 이익을 초과하여 배당금을 분배했을 가능성이 높다고 밝혔으며, 이는 배당금의 일부가 자본 환급을 나타낼 수 있음을 시사합니다. 이는 일부 투자자가 원래 투자금의 일부를 되돌려 받을 수 있음을 의미하며, 이는 수익이나 소득과 혼동해서는 안 됩니다.
배당금의 정확한 세금 영향 및 출처는 세금 신고 목적을 위해 주주에게 발송될 1099-DIV 양식에 자세히 설명될 것입니다. 펀드는 추가 공지가 있을 때까지 주당 $0.0825의 고정 월 배당금을 계속 지급할 것입니다.
John Hancock Premium Dividend Fund (NYSE: PDT) a annoncé sa distribution mensuelle de 0,0825 $ par action, payable le 28 février 2025, aux actionnaires enregistrés au 13 février 2025. La distribution fait partie du plan de distribution géré du Fonds, qui maintient des paiements mensuels fixes.
Le Fonds indique qu'il a probablement distribué plus que ses revenus et gains en capital nets réalisés, ce qui suggère qu'une partie de la distribution pourrait représenter un remboursement de capital. Cela signifie que certains investisseurs pourraient récupérer une partie de leur investissement initial, ce qui ne doit pas être confondu avec le rendement ou le revenu.
Les implications fiscales exactes et les sources de la distribution seront détaillées dans le formulaire 1099-DIV, qui sera envoyé aux actionnaires à des fins de déclaration fiscale. Le Fonds continuera ses distributions mensuelles fixes de 0,0825 $ par action jusqu'à nouvel ordre.
John Hancock Premium Dividend Fund (NYSE: PDT) hat seine monatliche Ausschüttung von 0,0825 $ pro Aktie angekündigt, die am 28. Februar 2025 an die zum 13. Februar 2025 registrierten Aktionäre ausgezahlt wird. Die Ausschüttung ist Teil des verwalteten Ausschüttungsplans des Fonds, der feste monatliche Zahlungen aufrechterhält.
Der Fonds gibt an, wahrscheinlich mehr als sein Einkommen und die realisierten Nettokapitalgewinne ausgeschüttet zu haben, was darauf hindeutet, dass ein Teil der Ausschüttung einen Kapitalrückfluss darstellen könnte. Das bedeutet, dass einige Investoren einen Teil ihrer ursprünglichen Investition zurückerhalten könnten, was nicht mit Ertrag oder Einkommen verwechselt werden sollte.
Die genauen steuerlichen Auswirkungen und Quellen der Ausschüttung werden im Formular 1099-DIV detailliert beschrieben, das den Aktionären zu Steuerberichterstattungszwecken zugesandt wird. Der Fonds wird seine festen monatlichen Ausschüttungen von 0,0825 $ pro Aktie bis auf Weiteres fortsetzen.
- Fixed monthly distribution commitment of $0.0825 per share
- Fund distributing more than its income and realized capital gains
- Portion of distribution may be return of capital, not actual earnings
Notification of Sources of Distribution
This notice provides shareholders of the John Hancock Premium Dividend Fund (NYSE: PDT) with important information concerning the distribution declared on February 3, 2025, and payable on February 28, 2025. No action is required on your part.
Distribution Period: | February 2025 |
Distribution Amount Per Common Share: |
The following table sets forth the estimated sources of the current distribution, payable February 28, 2025, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
For the period 02/1/2025-02/28/2025 | For the fiscal year-to-date period 11/1/2024-02/28/2025 1 | |||||||
Source | Current Distribution ($) | % Breakdown of the Current Distribution | Total Cumulative Distributions ($) | % Breakdown of the Total Cumulative Distributions | ||||
Net Investment Income | 0.0662 | 80 % | 0.2165 | 66 % | ||||
Net Realized Short- Term Capital Gains | 0.0000 | 0 % | 0.0210 | 6 % | ||||
Net Realized Long- Term Capital Gains | 0.0000 | 0 % | 0.0161 | 5 % | ||||
Return of Capital or Other Capital Source | 0.0163 | 20 % | 0.0764 | 23 % | ||||
Total per common share | 0.0825 | 100 % | 0.3300 | 100 % | ||||
Average annual total return (in relation to NAV) for the 5 years ended on January 31, 2025 | 4.56 % | |||||||
Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2025 | 7.48 % | |||||||
Cumulative total return (in relation to NAV) for the fiscal year through January 31, 2025 | -0.69 % | |||||||
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of January 31, 2025 | 2.49 % | |||||||
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the February 2025 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
Statements in this press release that are not historical facts are forward-looking statements as defined by
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
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Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in
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1 The Fund's current fiscal year began on November 1, 2024 and will end on October 31, 2025. |
Media Contact: | Gordon Haight |
(617) 572-0034 | |
Investor Contact: | (800) 843-0090 |
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SOURCE John Hancock Investment Management
FAQ
What is the current monthly distribution amount for John Hancock Premium Dividend Fund (PDT)?
When is the record date for PDT's February 2025 dividend distribution?
Why might PDT's distribution be considered a return of capital?
How will PDT shareholders receive tax information about these distributions?
How long will PDT maintain its current monthly distribution rate?
