John Hancock Preferred Income Fund III (NYSE:HPS) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.1222 per share on Friday, December 29th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.99%. The ex-dividend date is Friday, December 8th.
John Hancock Preferred Income Fund III (NYSE:HPS) traded up $0.01 during trading on Wednesday, reaching $18.36. The company’s stock had a trading volume of 83,359 shares, compared to its average volume of 65,501. John Hancock Preferred Income Fund III has a one year low of $16.99 and a one year high of $19.48.
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About John Hancock Preferred Income Fund III
John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.
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