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John Hancock Premium Dividend Fund Distribution Notice

On March 31, 2025, the John Hancock Premium Dividend Fund (NYSE: PDT) formally announced its monthly distribution details, as mandated to its shareholders. This closed-end fund is managed by John Hancock Investment Management LLC, with additional advisement from Manulife Investment Management (US) LLC. The fund has declared a distribution amount of $0.0825 per share, payable to all shareholders on record as of March 13, 2025. This announcement adheres strictly to the fund's managed distribution plan and is in compliance with an exemptive order from the U.S. Securities and Exchange Commission.

Key Details of Distribution

The distribution period for March 2025 is clearly defined in the announcement, highlighting the amount per share and the timeline for payment. Shareholders can expect their distributions in accordance with the following breakdown:

• - Distribution Amount Per Common Share: $0.0825
• - Distribution Period: March 2025

Estimated Sources of Current Distribution

The March 2025 distribution has been carefully analyzed and broken down into various sources, as detailed below:

• - Net Investment Income: $0.0691 (84%)
• - Net Realized Short-Term Capital Gains: $0.0134 (16%)
• - Net Realized Long-Term Capital Gains: $0.0000 (0%)
• - Return of Capital or Other Capital Source: $0.0000 (0%)

The cumulative data demonstrate the fund's performance thus far for the current fiscal year (beginning November 1, 2024):

• - Cumulative Distributions to Date:

- Net Investment Income: $0.2853 (69%)
- Net Realized Short-Term Capital Gains: $0.0369 (9%)
- Net Realized Long-Term Capital Gains: $0.0532 (13%)
- Return of Capital or Other Capital Source: $0.0371 (9%)

Performance Metrics

For further context regarding the fund's performance, the average annual total return over five years, evaluated to February 28, 2025, stands at 7.96%. Furthermore, the annualized current distribution rate, which is expressed as a percentage of net asset value (NAV) as of the same date, is 7.17%. This reflects a broader strategy aimed at providing shareholders with consistent income while adhering to the regulations of the financial landscape.

Understand Your Distribution

Investors should be mindful that the amounts declared in this distribution notice are estimates and do not reflect actual figures for tax reporting. Instead, actual tax-related amounts will depend on the fund's investment outcomes for the remainder of the fiscal year and may fluctuate according to tax regulations. Shareholders can expect a Form 1099-DIV at the end of the calendar year to assist in reporting these distributions for tax purposes.

Final Notes

This distribution follows the guidelines laid down in the fund's managed distribution plan, which allows for fixed monthly distributions of $0.0825 per share. This amount is scheduled to be paid each month until further notice.

Shareholders seeking more details or clarification are invited to reach out to their financial advisors or directly contact the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090 during business hours.

Investors are encouraged to consider the fund's investment objectives, risks, charges, and expenses before deciding to invest. Careful assessment of these factors can significantly impact investment decision-making and strategies.

About John Hancock Investments

John Hancock Investments operates with a multi-manager approach, combining in-house capabilities with an extensive network of specialized asset managers. The firm’s rich history spans over a century, with a commitment to financial stewardship and responsibility across its diverse investment offerings. It is headquartered in Toronto, serving institutions, individuals and pension plan members globally, and emphasizes sustainable investing and responsible financial practices.