John Hancock Preferred Income Fund III (NYSE:HPS) Plans Monthly Dividend of $0.11

John Hancock Preferred Income Fund III (NYSE:HPSGet Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Monday, January 13th will be paid a dividend of 0.11 per share on Friday, January 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.95%. The ex-dividend date of this dividend is Monday, January 13th.

John Hancock Preferred Income Fund III Stock Down 1.3 %

Shares of NYSE HPS opened at $14.75 on Friday. John Hancock Preferred Income Fund III has a twelve month low of $14.22 and a twelve month high of $17.25. The business has a fifty day simple moving average of $15.40 and a two-hundred day simple moving average of $15.99.

About John Hancock Preferred Income Fund III

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

Further Reading

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

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