Is John Hancock Tax-Advantaged Dividend Income Fund overvalued?

John Hancock Tax-Advantaged Dividend Income Fund (HTD) looks overvalued — trading about 28% above its fair value.

Overvalued

Price

$25.24

Fair value

$18.13

Current P/E

8.5

Normal P/E

6.1

Market cap

$894.3M

Dividend yield

7.0%

Return on equity

11.4%

Sector

Financial Services

Fair value compares HTD's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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