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

John Hancock Preferred Income Fund (NYSE:HPI) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.1235 per share on Thursday, December 19th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date of this dividend is Thursday, December 12th.

John Hancock Preferred Income Fund Stock Down 0.1 %

Shares of HPI traded down $0.01 during mid-day trading on Tuesday, reaching $17.58. The company had a trading volume of 42,688 shares, compared to its average volume of 51,743. John Hancock Preferred Income Fund has a fifty-two week low of $14.69 and a fifty-two week high of $19.43. The firm has a fifty day simple moving average of $18.16 and a 200-day simple moving average of $17.48.

John Hancock Preferred Income Fund Company Profile

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.