John Hancock Preferred Income Fund III (NYSE:HPS) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be given a dividend of 0.1222 per share on Wednesday, January 31st. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date is Thursday, January 11th.
John Hancock Preferred Income Fund III (HPS) opened at $18.78 on Wednesday. John Hancock Preferred Income Fund III has a fifty-two week low of $17.57 and a fifty-two week high of $19.48.
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John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.
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