Noni L. Ellison, a trustee of the John Hancock Premium Dividend Fund (NYSE:PDT), recently acquired 890 common shares of beneficial ownership in the fund. The shares were purchased on December 23, 2024, at a price of $12.64 each, resulting in a total transaction value of $11,249. Following this acquisition, Ellison now holds a total of 2,093 shares in the fund, which currently offers an attractive 7.9% dividend yield. The $620 million fund has maintained dividend payments for 35 consecutive years, according to InvestingPro data. The fund has shown strong performance this year, with a total return of nearly 28% YTD. For investors seeking additional insights, InvestingPro offers multiple additional tips and detailed metrics about PDT’s financial health and valuation.
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