John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) announced a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.65 per share by the financial services provider on Monday, March 31st. This represents a $2.60 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date is Thursday, March 13th.
John Hancock Financial Opportunities Fund has increased its dividend payment by an average of 5.7% annually over the last three years.
John Hancock Financial Opportunities Fund Trading Down 3.5 %
John Hancock Financial Opportunities Fund stock opened at $32.47 on Tuesday. John Hancock Financial Opportunities Fund has a 52 week low of $26.11 and a 52 week high of $39.87. The business’s 50-day simple moving average is $36.17 and its 200-day simple moving average is $35.40.
About John Hancock Financial Opportunities Fund
John Hancock Financial Opportunities Fund is a closed-ended equity 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 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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