John Hancock Preferred Income Fund III (HPS) Announces $0.12 Monthly Dividend

John Hancock Preferred Income Fund III (NYSE:HPS) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.1222 per share on Wednesday, January 31st. This represents a $1.47 dividend on an annualized basis and a yield of 7.82%. The ex-dividend date of this dividend is Thursday, January 11th.

Shares of John Hancock Preferred Income Fund III (HPS) traded down $0.01 during midday trading on Thursday, reaching $18.76. 106,900 shares of the company were exchanged, compared to its average volume of 91,350. John Hancock Preferred Income Fund III has a 12-month low of $17.57 and a 12-month high of $19.48.

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John Hancock Preferred Income Fund III Company Profile

John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.

Dividend History for John Hancock Preferred Income Fund III (NYSE:HPS)

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