John Hancock Hedged Equity & Income Fund (NYSE:HEQ) Declares $0.25 Quarterly Dividend

John Hancock Hedged Equity & Income Fund (NYSE:HEQ) declared a quarterly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.25 per share by the investment management company on Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 9.52%. The ex-dividend date is Thursday, March 13th.

John Hancock Hedged Equity & Income Fund has decreased its dividend payment by an average of 4.8% annually over the last three years.

John Hancock Hedged Equity & Income Fund Price Performance

NYSE HEQ traded down $0.01 during mid-day trading on Tuesday, reaching $10.50. The stock had a trading volume of 41,868 shares, compared to its average volume of 31,614. John Hancock Hedged Equity & Income Fund has a 1 year low of $9.57 and a 1 year high of $11.12. The company has a fifty day moving average price of $10.47 and a 200 day moving average price of $10.69.

John Hancock Hedged Equity & Income Fund Company Profile

John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.