John Hancock Financial Opportunities Fund Announces Quarterly Dividend of $0.65 (NYSE:BTO)

John Hancock Financial Opportunities Fund (NYSE:BTO) declared a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.65 per share by the financial services provider on Monday, March 31st. This represents a $2.60 annualized dividend and a dividend yield of 7.62%. The ex-dividend date of this dividend is Thursday, March 13th.

John Hancock Financial Opportunities Fund has raised its dividend payment by an average of 5.7% per year over the last three years.

John Hancock Financial Opportunities Fund Trading Down 2.5 %

NYSE:BTO traded down $0.89 during midday trading on Tuesday, reaching $34.11. 62,015 shares of the stock traded hands, compared to its average volume of 47,766. The company has a fifty day moving average of $36.33 and a 200 day moving average of $35.33. John Hancock Financial Opportunities Fund has a 12 month low of $26.11 and a 12 month high of $39.87.

About John Hancock Financial Opportunities Fund

John Hancock Financial Opportunities Fund is a closed-ended equity 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 public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.