John Hancock Tax-Advantaged Dividend Income Fund Announces Monthly Distribution
BOSTON, Jan. 31, 2025 /PRNewswire/ –
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has declared a monthly distribution of $0.1380 per share to all shareholders of record as of January 13, 2025. The Fund, managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, follows a managed distribution plan as required by the U.S. Securities and Exchange Commission.
Sources of Monthly Distribution
The sources of the Fund’s monthly distribution include net investment income and net realized long-term capital gains. Investors can benefit from this regular income stream while also enjoying potential long-term capital appreciation.
Managed distribution plans like the one implemented by John Hancock Tax-Advantaged Dividend Income Fund provide shareholders with consistent payouts, helping them meet their income needs and achieve their financial goals.
Impact on Individuals
As an individual investor, receiving regular monthly distributions from the Fund can provide you with a steady income stream that may enhance your overall financial well-being. Whether you are saving for retirement, funding education expenses, or looking to supplement your current income, the monthly distributions can contribute to your financial goals.
Impact on the World
On a larger scale, the managed distribution plan of John Hancock Tax-Advantaged Dividend Income Fund reflects a commitment to providing investors with reliable income and capital growth opportunities. By delivering consistent returns to shareholders, the Fund contributes to the stability and growth of the financial markets, ultimately benefiting the global economy.
Conclusion
John Hancock Tax-Advantaged Dividend Income Fund’s announcement of its monthly distribution highlights the Fund’s dedication to meeting the income needs of investors and fostering financial growth. Whether you are an individual investor seeking regular income or part of the broader financial ecosystem, the Fund’s managed distribution plan plays a significant role in shaping a more prosperous future.
