John Hancock Hedged Equity & Income Fund (HEQ) To Go Ex-Dividend on June 11th

John Hancock Hedged Equity & Income Fund (NYSE:HEQ) declared a quarterly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.25 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Thursday, June 11th.

John Hancock Hedged Equity & Income Fund Price Performance

Shares of NYSE HEQ opened at $11.69 on Tuesday. The company’s fifty day moving average is $11.41 and its 200-day moving average is $11.15. John Hancock Hedged Equity & Income Fund has a twelve month low of $10.36 and a twelve month high of $11.92.

Hedge Funds Weigh In On John Hancock Hedged Equity & Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in shares of John Hancock Hedged Equity & Income Fund during the first quarter worth $47,000. PNC Financial Services Group Inc. acquired a new stake in shares of John Hancock Hedged Equity & Income Fund during the first quarter worth $109,000. XTX Topco Ltd acquired a new stake in shares of John Hancock Hedged Equity & Income Fund during the fourth quarter worth $144,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of John Hancock Hedged Equity & Income Fund during the second quarter worth $168,000. Finally, &PARTNERS acquired a new stake in shares of John Hancock Hedged Equity & Income Fund during the fourth quarter worth $174,000.

About John Hancock Hedged Equity & Income Fund

The John Hancock Hedged Equity & Income Fund (NYSE: HEQ) is a closed-end management investment company that seeks to provide shareholders with a high level of income coupled with the potential for capital appreciation. Listed on the New York Stock Exchange, the fund is managed by John Hancock Investment Management, a subsidiary of Manulife Financial. The fund’s investment objective emphasizes total return, balancing dividend and option premium income with equity market participation.

The fund pursues its goal by investing primarily in a diversified portfolio of U.S.