John Hancock Preferred Income Fund (NYSE:HPI – Get Free Report) declared a monthly dividend on Monday, June 1st. Investors of record on Thursday, June 11th will be given a dividend of 0.1235 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Thursday, June 11th.
John Hancock Preferred Income Fund Stock Performance
NYSE HPI opened at $16.14 on Wednesday. John Hancock Preferred Income Fund has a fifty-two week low of $15.26 and a fifty-two week high of $17.61. The business has a 50 day moving average price of $15.95 and a two-hundred day moving average price of $16.24.
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.
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