An anonymous director reports
JOHN HANCOCK PREMIUM DIVIDEND FUND NOTICE TO SHAREHOLDERS -- SOURCES OF DISTRIBUTION UNDER SECTION 19(A)
John Hancock Premium Dividend Fund, a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Financial Corp.'s Manulife Investment Management (US) LLC, has released sources of its monthly distribution of 9.75 cents per share paid to all shareholders of record as of Nov. 12, 2019, 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 November 1, 2019, and payable on November 29, 2019. No action is required on your part.
Distribution Period: November, 2019
Distribution Amount Per Common Share:9.75 cents
The following table sets forth the estimated sources of the current distribution, payable November 29, 2019, 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.
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 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 November 2019 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of $0.0975 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 John Hancock Investment Management 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.
About John Hancock Financial and Manulife Financial
John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and as Manulife elsewhere. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions. Assets under management and administration by Manulife and its subsidiaries were over CAD$1.1 trillion (US$877 billion) as of June 30, 2019.
We seek Safe Harbor.
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