John Hancock Hedged Equity and Income (NYSE:HEQ) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.376 per share by the investment management company on Tuesday, December 31st. This represents a $1.50 annualized dividend and a dividend yield of 10.45%. The ex-dividend date is Wednesday, December 11th.
Shares of John Hancock Hedged Equity and Income stock traded up $0.30 during mid-day trading on Wednesday, hitting $14.39. The stock had a trading volume of 39,577 shares, compared to its average volume of 37,374. The firm has a 50-day moving average of $14.19 and a two-hundred day moving average of $13.95. John Hancock Hedged Equity and Income has a 12-month low of $11.82 and a 12-month high of $15.19.
John Hancock Hedged Equity and Income Company Profile
John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Advisors, 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.
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