John Hancock Preferred Income Fund III (HPS) To Go Ex-Dividend on May 10th

John Hancock Preferred Income Fund III (NYSE:HPS) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.11 per share on Friday, May 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.46%. The ex-dividend date is Friday, May 10th.

John Hancock Preferred Income Fund III Trading Down 0.2 %

Shares of NYSE HPS opened at $15.60 on Wednesday. The stock has a 50 day moving average price of $15.16 and a 200 day moving average price of $14.28. John Hancock Preferred Income Fund III has a 52-week low of $11.79 and a 52-week high of $15.75.

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.