John Hancock Preferred Income Fund (HPI) To Go Ex-Dividend on December 8th
John Hancock Preferred Income Fund (NYSE:HPI) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.14 per share on Friday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 7.82%. The ex-dividend date is Friday, December 8th.
John Hancock Preferred Income Fund (HPI) opened at $21.49 on Thursday. John Hancock Preferred Income Fund has a twelve month low of $19.49 and a twelve month high of $22.58.
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John Hancock Preferred Income Fund Company Profile
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.
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