John Hancock Premium Dividend Fund - 7.40% dividend!
John Hancock Premium Dividend Fund (PDT) is a closed-end, diversified management investment company whose investment objective is to provide high current income, consistent with modest growth of capital.
Technical Factors to Consider:
1 - 100% Barchart technical buy signal
2 - Trend Spotter buy signal
3 - Above its 20, 50 and 100 day moving averages
4 - 15 new highs and up 7.38% in the last month
5 - Relative Strength Index 81.98% and rising
6 - Trades around 12.36 with a 50 day moving average of 11.67
And it pays a 7.40% dividend!