John Hancock Preferred Income Fund (NYSE:HPI) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Monday, November 13th will be paid a dividend of 0.14 per share on Thursday, November 30th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date of this dividend is Friday, November 10th.

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John Hancock Preferred Income Fund Company Profile

John Hancock Preferred Income Fund is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of income consistent with preservation of capital, and to provide growth of capital. Normally, the Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities.

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

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