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

John Hancock Preferred Income Fund (NYSE:HPI – Get Free Report) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.1235 per share on Thursday, October 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date is Friday, October 11th.

John Hancock Preferred Income Fund Stock Up 0.1 %

HPI opened at $19.28 on Thursday. John Hancock Preferred Income Fund has a 12-month low of $12.85 and a 12-month high of $19.43. The firm’s fifty day moving average price is $17.82 and its 200 day moving average price is $17.04.

John Hancock Preferred Income Fund Company Profile

(Get Free Report)

John Hancock Preferred Income Fund is a closed ended balanced 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 and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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