John Hancock Preferred Income Fund III (NYSE:HPS) Announces $0.11 Monthly Dividend

John Hancock Preferred Income Fund III (NYSE:HPSGet Free Report) declared a monthly dividend on Friday, January 2nd. Investors of record on Monday, January 12th will be paid a dividend of 0.11 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Monday, January 12th.

John Hancock Preferred Income Fund III Stock Up 0.2%

Shares of HPS stock opened at $14.58 on Friday. John Hancock Preferred Income Fund III has a one year low of $13.08 and a one year high of $15.68. The stock has a fifty day moving average price of $14.76 and a 200 day moving average price of $14.82.

John Hancock Preferred Income Fund III Company Profile

(Get Free Report)

John Hancock Preferred Income Fund III (NYSE:HPS) is a publicly traded, closed-end management investment company that seeks to provide a high level of current income. The fund offers investors access to a diversified portfolio of income-producing securities, with a primary focus on preferred stocks and similar instruments. As a closed-end fund, HPS issues a fixed number of shares that trade on the New York Stock Exchange, allowing investors to participate in its income strategy through the open market.

The fund pursues its objective by investing primarily in preferred securities of U.S.

Further Reading

Dividend History for John Hancock Preferred Income Fund III (NYSE:HPS)

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