John Hancock Financial Opportunities Fund (NYSE:BTO) to Issue $0.65 Quarterly Dividend

John Hancock Financial Opportunities Fund (NYSE:BTO) declared a quarterly dividend on Tuesday, September 1st. Investors of record on Friday, September 11th will be given a dividend of 0.65 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, September 11th.

John Hancock Financial Opportunities Fund Stock Down 1.2%

Shares of BTO opened at $38.90 on Wednesday. John Hancock Financial Opportunities Fund has a 1-year low of $32.01 and a 1-year high of $42.00. The firm’s 50 day simple moving average is $40.03 and its 200 day simple moving average is $37.70.

John Hancock Financial Opportunities Fund Company Profile

John Hancock Financial Opportunities Fund (NYSE: BTO) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. Since its inception in August 2004, the fund has sought to deliver total return through a combination of current income and capital appreciation. As a publicly traded fund, it offers investors access to a diversified portfolio of financial services companies that might otherwise require direct equity investments or specialized mandates.

The fund primarily invests in common stocks, preferred stocks and convertible securities issued by companies in the banking, insurance, brokerage and specialty finance sectors.