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.

Dividend History for John Hancock Preferred Income Fund III (NYSE:HPS)

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