John Hancock Financial Opprts Fund (NYSE:BTO) declared a quarterly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.55 per share by the financial services provider on Monday, September 30th. This represents a $2.20 dividend on an annualized basis and a yield of 6.81%. The ex-dividend date of this dividend is Thursday, September 12th. This is a boost from John Hancock Financial Opprts Fund’s previous quarterly dividend of $0.37.

John Hancock Financial Opprts Fund has increased its dividend payment by an average of 19.9% per year over the last three years.

Shares of BTO traded down $0.12 during midday trading on Wednesday, reaching $32.31. The stock had a trading volume of 1,925 shares, compared to its average volume of 66,492. The firm’s 50 day moving average price is $31.10 and its 200-day moving average price is $32.34. John Hancock Financial Opprts Fund has a 52 week low of $25.81 and a 52 week high of $38.69.

Separately, Canaccord Genuity reiterated a “buy” rating and issued a $5.75 target price on shares of John Hancock Financial Opprts Fund in a report on Wednesday, June 5th.

John Hancock Financial Opprts Fund Company Profile

John Hancock Financial Opportunities Fund is a closed-ended equity 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 markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.

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Dividend History for John Hancock Financial Opprts Fund (NYSE:BTO)

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