Is JOHN HANCOCK PREMIUM DIVIDEND FUND (PDT) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 82.8% | |
| Net Margin | 116.4% | |
| Return on Equity (ROE) | 10.1% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $49M |
| Free Cash Flow | $49M |
| Total Debt | $374M |
| Debt-to-Equity | 54.3 |
| Current Ratio | 0.0 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $12.85 |
| 50-Day MA | $13.18 |
| 200-Day MA | $13.13 |
| Avg Volume | 132K |
| Beta | 0.8 |
|
52-Week Range
$11.41
| |
About JOHN HANCOCK PREMIUM DIVIDEND FUND (PDT)
John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend paying preferred stocks and common stocks of companies. It benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 30% S&P 500 Utilities Index. The fund was formerly known as John Hancock Patriot Premium Dividend Fund II. John Hancock Premium Dividend Fund was formed on December 21, 1989 and is domiciled in the United States.
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Frequently Asked Questions
Is JOHN HANCOCK PREMIUM DIVIDEND FUND (PDT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), JOHN HANCOCK PREMIUM DIVIDEND FUND is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is JOHN HANCOCK PREMIUM DIVIDEND FUND's debt ratio?
JOHN HANCOCK PREMIUM DIVIDEND FUND's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are JOHN HANCOCK PREMIUM DIVIDEND FUND's key financial metrics?
JOHN HANCOCK PREMIUM DIVIDEND FUND has a market capitalization of $628M, trailing P/E ratio of 9.2, and revenue of $70M. The company maintains a gross margin of 100.0% and a net margin of 116.4%. Return on equity stands at 10.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.