BOSTON, Aug. 31, 2026 /PRNewswire/ -- John Hancock Premium Dividend Fund $(PDT)$ (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.0883 per share paid to all shareholders of record as of August 13, 2026, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
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 August 3, 2026, and payable on August 31, 2026. No action is required on your part.
Distribution Period: August 2026 Distribution Amount Per Common Share: $0.0883
The following table sets forth the estimated sources of the current distribution, payable August 31, 2026, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
For the fiscal year-to-date
For the period period
08/01/2026-08/31/2026 11/01/2025-08/31/2026 (1)
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Total % Breakdown
Current % Breakdown Cumulative of the Total
Distribution of the Current Distributions Cumulative
Source ($) Distribution ($) Distributions
----------- ------------ ---------------- ------------- --------------
Net
Investment
Income 0.0569 64 % 0.5896 70 %
Net Realized
Short- Term
Capital
Gains 0.0000 0 % 0.0240 3 %
Net Realized
Long- Term
Capital
Gains 0.0000 0 % 0.0804 10 %
Return of
Capital or
Other
Capital
Source 0.0314 36 % 0.1426 17 %
------------ ------------ ---------------- ------------- --------------
Total per
common
share 0.0883 100 % 0.8366 100 %
Average annual total return (in relation to NAV) for the 5
years ended on July 31, 2026 7.75 %
--------------
Annualized current distribution rate expressed as a
percentage of NAV as of July 31, 2026 7.40 %
--------------
Cumulative total return (in relation to NAV) for the fiscal
year through July 31, 2026 8.30 %
--------------
Cumulative fiscal year-to-date distribution rate expressed
as a percentage of NAV as of July 31, 2026 5.85 %
--------------
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(1) The Fund's current fiscal year began on November 1, 2025 and will end on
October 31, 2026.
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 August 2026 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of $0.0883 per share, which will continue to be paid monthly until further notice.
If you have questions or need additional information, please contact your financial professional or call the Manulife John Hancock 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.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About Manulife John Hancock Investments
At Manulife John Hancock Investments, we serve investors through a specialized multimanager approach, complementing our extensive in-house investment capabilities with a broad network of unaffiliated asset managers, backed by some of the most rigorous oversight in the industry. As a result, we're able to offer a variety of options in each investment category, an approach that we believe truly serves the best interests of our clients. Our powerful combination of global expertise, strategic partnerships, and robust stewardship is designed to help investors pursue better portfolio outcomes.
About Manulife Wealth & Asset Management
As part of Manulife Financial Corporation, Manulife Wealth & Asset Management's mission is to make decisions easier and lives better by helping people invest confidently to pursue a more secure financial future. Our strength comes from the diversity of our global asset management expertise and distribution capabilities. Our global investment teams span equities, fixed income, alternative credit, private markets, and multi-asset solutions. We provide investment, financial advice, and retirement plan services to millions of individuals, institutions, and retirement plan members worldwide. At the heart of our approach are three cultural pillars: Partner for Progress, Trust through Transparency, and Intellectual Curiosity. These values shape how we build long term relationships, develop differentiated investment strategies, and empower advisors and clients to seek meaningful financial outcomes. Whether through cutting-edge technology, AI innovation, personalized advice, or sustainable stewardship, Manulife Wealth & Asset Management is a trusted partner helping clients navigate complexity and invest with confidence. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
Media Contact:
Gordon Haight
(617) 572-0034
Investor Contact:
(800) 843-0090
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SOURCE John Hancock Investment Management