John Hancock Preferred Income ETF (NYSEARCA:JHPI) Declares Monthly Dividend of $0.04

John Hancock Preferred Income ETF (NYSEARCA:JHPI) declared a monthly dividend on Tuesday, February 24th. Shareholders of record on Wednesday, February 25th will be given a dividend of 0.0365 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, February 25th.

John Hancock Preferred Income ETF Stock Performance

Shares of NYSEARCA:JHPI traded down $0.01 during trading on Wednesday, hitting $23.27. 40,497 shares of the stock were exchanged, compared to its average volume of 57,951. John Hancock Preferred Income ETF has a 1-year low of $21.57 and a 1-year high of $23.56. The company has a market capitalization of $148.93 million, a price-to-earnings ratio of 60.41 and a beta of 0.40. The company’s fifty day simple moving average is $23.07 and its 200-day simple moving average is $23.08.

John Hancock Preferred Income ETF Company Profile

The John Hancock Preferred Income ETF (JHPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market. JHPI was launched on Dec 14, 2021 and is managed by John Hancock.