John Hancock Preferred Income Fund (NYSE:HPI – Get Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Monday, August 12th will be given a dividend of 0.123 per share on Friday, August 30th. This represents a $1.48 annualized dividend and a yield of 8.63%. The ex-dividend date of this dividend is Monday, August 12th.
John Hancock Preferred Income Fund Stock Down 1.0 %
Shares of HPI traded down $0.17 during mid-day trading on Friday, hitting $17.11. 46,506 shares of the company’s stock were exchanged, compared to its average volume of 55,707. The stock’s 50-day moving average is $16.87 and its 200-day moving average is $16.46. John Hancock Preferred Income Fund has a fifty-two week low of $12.85 and a fifty-two week high of $17.66.
About John Hancock Preferred Income Fund
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