John Hancock Preferred Income Fund III (NYSE:HPS) Plans Monthly Dividend of $0.11

John Hancock Preferred Income Fund III (NYSE:HPSGet Free Report) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Monday, July 13th will be paid a dividend of 0.11 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Monday, July 13th.

John Hancock Preferred Income Fund III Trading Down 0.1%

NYSE HPS opened at $14.53 on Thursday. The company has a 50 day moving average of $14.52 and a 200-day moving average of $14.51. John Hancock Preferred Income Fund III has a 1-year low of $13.80 and a 1-year high of $15.68.

About John Hancock Preferred Income Fund III

(Get Free Report)

John Hancock Preferred Income Fund III (NYSE:HPS) is a publicly traded, closed-end management investment company that seeks to provide a high level of current income. The fund offers investors access to a diversified portfolio of income-producing securities, with a primary focus on preferred stocks and similar instruments. As a closed-end fund, HPS issues a fixed number of shares that trade on the New York Stock Exchange, allowing investors to participate in its income strategy through the open market.

The fund pursues its objective by investing primarily in preferred securities of U.S.

Further Reading

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

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