John Hancock Financial Opportunities Fund to Issue Quarterly Dividend of $0.65 (NYSE:BTO)

John Hancock Financial Opportunities Fund (NYSE:BTOGet Free Report) declared a quarterly dividend on Monday, June 3rd, Zacks reports. Shareholders of record on Thursday, June 13th will be given a dividend of 0.65 per share by the financial services provider on Friday, June 28th. This represents a $2.60 dividend on an annualized basis and a yield of 9.38%. The ex-dividend date is Thursday, June 13th.

John Hancock Financial Opportunities Fund has increased its dividend payment by an average of 5.7% annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

John Hancock Financial Opportunities Fund Trading Down 0.6 %

John Hancock Financial Opportunities Fund stock opened at $27.72 on Tuesday. John Hancock Financial Opportunities Fund has a 12-month low of $22.96 and a 12-month high of $31.42. The business’s 50-day moving average price is $27.98 and its two-hundred day moving average price is $28.77.

Analysts Set New Price Targets

Separately, Scotiabank upgraded John Hancock Financial Opportunities Fund to a “strong-buy” rating in a report on Thursday, May 9th.

Read Our Latest Report on BTO

John Hancock Financial Opportunities Fund Company Profile

(Get Free Report)

John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.

Featured Articles

Dividend History for John Hancock Financial Opportunities Fund (NYSE:BTO)

Receive News & Ratings for John Hancock Financial Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Financial Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.