John Hancock Financial Opprts Fund (NYSE:BTO) declared a quarterly dividend on Friday, September 14th, Wall Street Journal reports. Investors of record on Thursday, December 13th will be paid a dividend of 0.55 per share by the financial services provider on Monday, December 31st. This represents a $2.20 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend is Wednesday, December 12th. This is a boost from John Hancock Financial Opprts Fund’s previous quarterly dividend of $0.37.
John Hancock Financial Opprts Fund has increased its dividend by an average of 7.7% annually over the last three years.
Shares of NYSE BTO opened at $34.11 on Friday. John Hancock Financial Opprts Fund has a 52 week low of $32.03 and a 52 week high of $41.00.
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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