John Hancock Preferred Income Fund III (HPS) Plans Monthly Dividend of $0.12
John Hancock Preferred Income Fund III (NYSE:HPS) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Thursday, October 12th will be given a dividend of 0.1222 per share on Tuesday, October 31st. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Wednesday, October 11th.
Shares of John Hancock Preferred Income Fund III (HPS) traded down 0.53% during mid-day trading on Tuesday, reaching $18.85. The company had a trading volume of 59,339 shares. The firm has a 50 day moving average of $18.70 and a 200-day moving average of $18.83. John Hancock Preferred Income Fund III has a one year low of $16.25 and a one year high of $19.48.
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About John Hancock Preferred Income Fund III
John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.
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