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

John Hancock Preferred Income Fund III (NYSE:HPS) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Thursday, February 13th will be given a dividend of 0.11 per share on Friday, February 28th. This represents a $1.32 annualized dividend and a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, February 13th.

John Hancock Preferred Income Fund III Stock Performance

NYSE HPS opened at $15.38 on Tuesday. John Hancock Preferred Income Fund III has a 52 week low of $14.09 and a 52 week high of $17.25. The business has a 50 day moving average price of $15.05 and a 200-day moving average price of $15.84.

John Hancock Preferred Income Fund III Company Profile

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.