News articles about John Hancock Preferred Income Fund (NYSE:HPI) have been trending positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. John Hancock Preferred Income Fund earned a daily sentiment score of 0.42 on Accern’s scale. Accern also gave media stories about the company an impact score of 48.1454031211079 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of John Hancock Preferred Income Fund (HPI) traded down $0.03 on Friday, reaching $21.30. The company’s stock had a trading volume of 31,351 shares, compared to its average volume of 48,309. John Hancock Preferred Income Fund has a 12 month low of $19.41 and a 12 month high of $22.58.
The company also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a dividend yield of 7.89%. The ex-dividend date is Friday, November 10th.
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John Hancock Preferred Income Fund Company Profile
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of income consistent with preservation of capital, and to provide growth of capital. Normally, the Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities.
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