John Hancock Preferred Income Fund III (HPS) to Issue Monthly Dividend of $0.12 on August 30th

John Hancock Preferred Income Fund III (NYSE:HPS) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Monday, August 12th will be given a dividend of 0.122 per share on Friday, August 30th. This represents a $1.46 annualized dividend and a dividend yield of 7.76%. The ex-dividend date is Friday, August 9th.

John Hancock Preferred Income Fund III has increased its dividend by an average of 2.9% per year over the last three years.

Shares of NYSE HPS traded down $0.25 during trading hours on Wednesday, hitting $18.86. 24,910 shares of the stock were exchanged, compared to its average volume of 58,105. The business’s 50 day moving average is $19.33. John Hancock Preferred Income Fund III has a one year low of $14.53 and a one year high of $19.61.

About John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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Dividend History for John Hancock Preferred Income Fund III (NYSE:HPS)

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