John Hancock Financial Opportunities Fund (NYSE:BTO) announced a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.3701 per share by the financial services provider on Friday, December 29th. This represents a $1.48 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Friday, December 8th.
John Hancock Financial Opportunities Fund has increased its dividend by an average of 7.7% per year over the last three years.
Shares of John Hancock Financial Opportunities Fund (NYSE:BTO) opened at $38.08 on Thursday. John Hancock Financial Opportunities Fund has a 12 month low of $31.24 and a 12 month high of $38.88.
Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of John Hancock Financial Opportunities Fund in a research note on Friday, August 18th.
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John Hancock Financial Opportunities Fund Company Profile
John Hancock Financial Opportunities Fund (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. The Fund utilizes a credit facility agreement to increase its assets available for investments.
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