John Hancock Financial Opportunities Fund Plans Quarterly Dividend of $0.37 (BTO)

John Hancock Financial Opportunities Fund (NYSE:BTO) declared a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be paid a dividend of 0.3701 per share by the financial services provider on Friday, December 29th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Friday, December 8th.

John Hancock Financial Opportunities Fund has raised its dividend by an average of 7.7% annually over the last three years.

Shares of John Hancock Financial Opportunities Fund (BTO) traded up $0.83 during trading hours on Tuesday, hitting $38.39. 65,800 shares of the stock traded hands, compared to its average volume of 61,258. John Hancock Financial Opportunities Fund has a 12 month low of $31.24 and a 12 month high of $38.41.

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of John Hancock Financial Opportunities Fund in a research report on Friday, August 18th.

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About John Hancock Financial Opportunities Fund

John Hancock Financial Opportunities Fund (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. The Fund utilizes a credit facility agreement to increase its assets available for investments.

Dividend History for John Hancock Financial Opportunities Fund (NYSE:BTO)

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