John Hancock Preferred Income Fund Plans Monthly Dividend of $0.12 (NYSE:HPI)

John Hancock Preferred Income Fund (NYSE:HPI) declared a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Tuesday, November 12th will be given a dividend of 0.123 per share on Friday, November 29th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date of this dividend is Friday, November 8th.

Shares of NYSE HPI traded up $0.32 during mid-day trading on Wednesday, reaching $23.14. The company had a trading volume of 2,225 shares, compared to its average volume of 68,854. John Hancock Preferred Income Fund has a twelve month low of $17.02 and a twelve month high of $24.44. The stock’s 50 day moving average is $23.17 and its 200-day moving average is $23.29.

About John Hancock Preferred Income Fund

John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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

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