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, December 2nd,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.11 per share on Tuesday, December 31st. This represents a $1.32 annualized dividend and a dividend yield of 8.39%. The ex-dividend date of this dividend is Thursday, December 12th.

John Hancock Preferred Income Fund III Trading Up 0.4 %

NYSE:HPS traded up $0.06 during trading hours on Tuesday, reaching $15.73. 62,886 shares of the stock were exchanged, compared to its average volume of 51,841. John Hancock Preferred Income Fund III has a 52 week low of $12.94 and a 52 week high of $17.25. The firm has a 50 day simple moving average of $16.30 and a 200-day simple moving average of $16.08.

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.