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

John Hancock Preferred Income Fund III (NYSE:HPSGet Free Report) announced a monthly dividend on Tuesday, September 1st. Investors of record on Friday, September 11th will be paid a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date is Friday, September 11th.

John Hancock Preferred Income Fund III Price Performance

Shares of John Hancock Preferred Income Fund III stock opened at $13.79 on Wednesday. John Hancock Preferred Income Fund III has a twelve month low of $13.78 and a twelve month high of $15.68. The company’s fifty day moving average is $14.26 and its 200 day moving average is $14.42.

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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