John Hancock Preferred Income Fund (NYSE:HPI – Get Free Report) announced a monthly dividend on Monday, August 3rd. Investors of record on Thursday, August 13th will be given a dividend of 0.1235 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Thursday, August 13th.
John Hancock Preferred Income Fund Price Performance
HPI opened at $16.09 on Tuesday. The stock’s 50-day moving average price is $16.14 and its 200 day moving average price is $16.09. John Hancock Preferred Income Fund has a 12-month low of $15.26 and a 12-month high of $17.61.
John Hancock Preferred Income Fund Company Profile
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.
Recommended Stories
- Five stocks we like better than John Hancock Preferred Income Fund
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
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.
