John Hancock Preferred Income Fund (NYSE:HPI) to Issue $0.12 Monthly Dividend

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 given a dividend of 0.1235 per share on Thursday, December 19th. This represents a $1.48 annualized dividend and a yield of 8.43%. The ex-dividend date is Thursday, December 12th.

John Hancock Preferred Income Fund Trading Down 0.1 %

HPI stock traded down $0.01 during midday trading on Tuesday, reaching $17.58. The stock had a trading volume of 42,688 shares, compared to its average volume of 51,743. John Hancock Preferred Income Fund has a 52-week low of $14.69 and a 52-week high of $19.43. The company’s fifty day simple moving average is $18.16 and its 200 day simple moving average is $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.