John Hancock Preferred Income Fund (NYSE:HPI – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be paid a dividend of 0.1235 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date is Friday, September 11th.
John Hancock Preferred Income Fund Stock Performance
HPI stock opened at $15.75 on Thursday. John Hancock Preferred Income Fund has a 1-year low of $15.26 and a 1-year high of $17.61. The company’s 50 day moving average is $16.10 and its 200 day moving average is $16.05.
About John Hancock Preferred Income Fund
John Hancock Preferred Income Fund (NYSE: HPI) is a closed-end management investment company structured as a statutory trust under the Investment Company Act of 1940. The fund’s primary objective is to provide high current income with growth of capital as a secondary goal. It pursues this objective principally through investments in preferred securities, debt instruments and, to a lesser extent, equity securities.
The fund focuses on preferred stocks issued by U.S. and foreign issuers across a variety of industries, including financials, utilities and industrials.
Further Reading
- Five stocks we like better than John Hancock Preferred Income Fund
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
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 MarketBeat.com's FREE daily email newsletter.
