John Hancock Preferred Income Fund (HPI) to Issue Monthly Dividend of $0.12 on November 29th

John Hancock Preferred Income Fund (NYSE:HPI) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.1235 per share on Friday, November 29th. This represents a $1.48 annualized dividend and a yield of 8.10%. The ex-dividend date of this dividend is Tuesday, November 12th.

John Hancock Preferred Income Fund Price Performance

NYSE HPI opened at $18.29 on Friday. John Hancock Preferred Income Fund has a 12 month low of $14.15 and a 12 month high of $19.43. The stock has a 50 day moving average of $18.30 and a 200-day moving average of $17.35.

About John Hancock Preferred Income Fund

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.