John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) declared a quarterly dividend on Monday, June 1st. Investors of record on Thursday, June 11th will be given a dividend of 0.65 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, June 11th.
John Hancock Financial Opportunities Fund Price Performance
NYSE:BTO opened at $37.39 on Tuesday. John Hancock Financial Opportunities Fund has a 12-month low of $32.01 and a 12-month high of $39.85. The firm has a 50-day moving average price of $36.66 and a 200 day moving average price of $36.18.
About John Hancock Financial Opportunities Fund
John Hancock Financial Opportunities Fund (NYSE: BTO) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. Since its inception in August 2004, the fund has sought to deliver total return through a combination of current income and capital appreciation. As a publicly traded fund, it offers investors access to a diversified portfolio of financial services companies that might otherwise require direct equity investments or specialized mandates.
The fund primarily invests in common stocks, preferred stocks and convertible securities issued by companies in the banking, insurance, brokerage and specialty finance sectors.
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