John Hancock Hedged Equity and Income Announces Quarterly Dividend of $0.38 (NYSE:HEQ)

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.

Further Reading: What moving averages are used to define a golden cross?

Dividend History for John Hancock Hedged Equity and Income (NYSE:HEQ)

Receive News & Ratings for John Hancock Hedged Equity and Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Hedged Equity and Income and related companies with MarketBeat.com's FREE daily email newsletter.