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

John Hancock Preferred Income Fund III (NYSE:HPS) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Thursday, July 11th will be given a dividend of 0.11 per share on Wednesday, July 31st. This represents a $1.32 annualized dividend and a yield of 8.31%. The ex-dividend date of this dividend is Thursday, July 11th.

John Hancock Preferred Income Fund III Stock Performance

NYSE:HPS opened at $15.89 on Wednesday. The stock’s 50-day moving average is $15.48 and its 200-day moving average is $15.03. John Hancock Preferred Income Fund III has a 1-year low of $11.79 and a 1-year high of $15.95.

About John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.