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Manulife Financial Corp
Symbol MFC
Shares Issued 1,969,895,346
Close 2015-03-02 C$ 21.86
Market Cap C$ 43,061,912,264
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Manulife Financial's JH to pay quarterly distributions

2015-03-03 02:40 ET - News Release

An anonymous director reports

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

The five John Hancock closed-end funds listed herein, each advised by John Hancock Advisers LLC and subadvised by John Hancock Asset Management (U.S.) LLC, a division of Manulife Financial Corp.'s Manulife Asset Management, have declared their monthly distributions.

             DATES  
 
Declaration date March 2, 2015  
Ex date          March 10, 2015
Record date      March 12, 2015 
Payment date     March 31, 2015 

                                            DISTRIBUTIONS  
                                                                                               Annualized
                                                                                                  current 
Ticker  Fund name                 Distribution           Change from Market price as of distribution rate
                                     per share previous distribution      Feb. 27, 2015         at market

HPI     Preferred Income Fund          $0.1400                    --             $20.98              8.01%
HPF     Preferred Income Fund II       $0.1400                    --             $20.99              8.00%
HPS     Preferred Income Fund III      $0.1222                    --             $18.63              7.87%
PDT     Premium Dividend Fund          $0.0900                    --             $14.14              7.64%
HTD     Tax-Advantaged Dividend
        Income Fund                    $0.1210                    --             $21.81              6.66%

John Hancock Premium Dividend Fund

Premium Dividend Fund declared its monthly distribution pursuant to the fund's managed distribution plan. Under the PDT plan, the fund makes monthly distributions of an amount equal to nine cents per share. This amount will be paid monthly until further notice.

Distributions under the PDT plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The fund may also make additional distributions: (i) for purposes of not incurring federal income tax on investment-company taxable income and net capital gain of the fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions. The board may amend the terms of the PDT plan or terminate the PDT plan at any time.

A portion of a fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the funds' website. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

About John Hancock Investments

John Hancock Investments provides asset management services to individuals and institutions through a unique manager-of-managers approach. A wealth management business of John Hancock Financial, it managed $126-billion in assets as of Dec. 31, 2014, across mutual funds, college savings plans and retirement plans.

About John Hancock Financial and Manulife Financial

John Hancock Financial is a division of Manulife Financials.

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