John Hancock Preferred Income Fund Declares Monthly Dividend of $0.12 (NYSE:HPI)

John Hancock Preferred Income Fund (NYSE:HPI) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Tuesday, November 12th will be given a dividend of 0.1235 per share on Friday, November 29th. This represents a $1.48 dividend on an annualized basis and a yield of 8.10%. The ex-dividend date is Tuesday, November 12th.

John Hancock Preferred Income Fund Price Performance

Shares of HPI opened at $18.29 on Friday. The company’s 50-day moving average is $18.30 and its 200-day moving average is $17.35. John Hancock Preferred Income Fund has a fifty-two week low of $14.15 and a fifty-two week high of $19.43.

John Hancock Preferred Income Fund Company Profile

John Hancock Preferred Income Fund is a closed ended balanced 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 and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.