John Hancock Preferred Income Fund (HPI) Declares Monthly Dividend of $0.14
John Hancock Preferred Income Fund (NYSE:HPI) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Thursday, October 12th will be paid a dividend of 0.14 per share on Tuesday, October 31st. This represents a $1.68 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Wednesday, October 11th.
Shares of John Hancock Preferred Income Fund (NYSE:HPI) traded down 0.55% during midday trading on Wednesday, hitting $21.76. 18,449 shares of the stock were exchanged. John Hancock Preferred Income Fund has a 52-week low of $18.91 and a 52-week high of $22.58. The firm’s 50 day moving average price is $21.68 and its 200-day moving average price is $21.78.
ILLEGAL ACTIVITY WARNING: This report was published by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/john-hancock-preferred-income-fund-hpi-declares-monthly-dividend-of-0-14/1607568.html.
About John Hancock Preferred Income Fund
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of income consistent with preservation of capital, and to provide growth of capital. Normally, the Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities.
Receive News & Ratings for John Hancock Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Preferred Income Fund and related companies with Analyst Ratings Network's FREE daily email newsletter.