John Hancock Preferred Income Fund (HPI) Getting Favorable Press Coverage, Study Finds
Media headlines about John Hancock Preferred Income Fund (NYSE:HPI) have been trending positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. John Hancock Preferred Income Fund earned a media sentiment score of 0.37 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.6922268602367 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of NYSE:HPI opened at $22.44 on Friday. John Hancock Preferred Income Fund has a 52-week low of $19.73 and a 52-week high of $22.55.
The business also recently announced a monthly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be issued a $0.14 dividend. This represents a $1.68 annualized dividend and a yield of 7.49%. The ex-dividend date of this dividend is Thursday, September 13th.
John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.
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