John Hancock Preferred Income Fund III (HPS) To Go Ex-Dividend on August 12th

John Hancock Preferred Income Fund III (NYSE:HPS) announced a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.11 per share on Friday, August 30th. This represents a $1.32 dividend on an annualized basis and a yield of 8.25%. The ex-dividend date is Monday, August 12th.

John Hancock Preferred Income Fund III Trading Down 0.9 %

Shares of NYSE HPS traded down $0.14 during trading on Friday, reaching $16.00. The company had a trading volume of 57,953 shares, compared to its average volume of 55,610. John Hancock Preferred Income Fund III has a 12 month low of $11.79 and a 12 month high of $16.33. The company’s fifty day moving average price is $15.81 and its 200-day moving average price is $15.31.

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.