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

John Hancock Preferred Income Fund III (NYSE:HPS) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Tuesday, November 12th will be given a dividend of 0.11 per share on Friday, November 29th. This represents a $1.32 annualized dividend and a dividend yield of 8.08%. The ex-dividend date is Tuesday, November 12th.

John Hancock Preferred Income Fund III Trading Up 1.5 %

HPS stock opened at $16.34 on Friday. John Hancock Preferred Income Fund III has a 52 week low of $12.49 and a 52 week high of $17.25. The firm has a 50 day moving average of $16.58 and a 200 day moving average of $16.03.

About John Hancock Preferred Income Fund III

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.