John Hancock Preferred Income Fund III (NYSE:HPS) Declares $0.12 Monthly Dividend
John Hancock Preferred Income Fund III (NYSE:HPS) announced a monthly dividend on Wednesday, August 2nd, Wall Street Journal reports. Shareholders of record on Friday, August 11th will be paid a dividend of 0.1222 per share on Thursday, August 31st. This represents a $1.47 annualized dividend and a yield of 7.63%. The ex-dividend date is Wednesday, August 9th.
Shares of John Hancock Preferred Income Fund III (NYSE:HPS) opened at 19.23 on Tuesday. The stock’s 50 day moving average price is $19.09 and its 200-day moving average price is $18.68. John Hancock Preferred Income Fund III has a 12-month low of $16.25 and a 12-month high of $20.25.
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John Hancock Preferred Income Fund III Company Profile
John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.
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