John Hancock Hedged Equity and Income (NYSE:HEQ) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.376 per share by the investment management company on Tuesday, December 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.45%. The ex-dividend date of this dividend is Wednesday, December 11th.
Shares of HEQ traded up $0.30 during trading hours on Wednesday, reaching $14.39. 39,577 shares of the company traded hands, compared to its average volume of 37,374. John Hancock Hedged Equity and Income has a 12-month low of $11.82 and a 12-month high of $15.19. The business has a fifty day moving average price of $14.19 and a 200-day moving average price of $13.95.
About John Hancock Hedged Equity and Income
John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Advisors, LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.
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