John Hancock Preferred Income Fund (HPI) declares $0.12 monthly dividend, 8.45% annualized yield.

John Hancock Preferred Income Fund (HPI) declared a monthly dividend of $0.12 per share, payable on September 30th to stockholders of record as of September 13th, reflecting an annualized yield of 8.45%. Other John Hancock funds also announced dividends, including HPI's sister funds, which have varied yields and recent trends of decreasing dividends. HPI stock rose to $17.54, above its 50-day and 200-day averages.

September 04, 2024
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