John Hancock Hedged Equity & Income Fund (NYSE:HEQ) to Issue Quarterly Dividend of $0.25

John Hancock Hedged Equity & Income Fund (NYSE:HEQ) declared a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.25 per share by the investment management company on Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 9.52%. The ex-dividend date is Thursday, March 13th.

John Hancock Hedged Equity & Income Fund has decreased its dividend by an average of 4.8% per year over the last three years.

John Hancock Hedged Equity & Income Fund Stock Down 0.1 %

Shares of NYSE:HEQ traded down $0.01 during midday trading on Tuesday, hitting $10.50. The company had a trading volume of 41,868 shares, compared to its average volume of 31,614. John Hancock Hedged Equity & Income Fund has a 12 month low of $9.57 and a 12 month high of $11.12. The firm has a fifty day simple moving average of $10.47 and a 200 day simple moving average of $10.69.

About John Hancock Hedged Equity & Income Fund

John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.