John Hancock Preferred Income Fund (HPI) Plans Monthly Dividend of $0.14
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.
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/02/john-hancock-preferred-income-fund-hpi-plans-monthly-dividend-of-0-14.html.
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.
Receive News & Ratings for John Hancock Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.