John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $31.46 and traded as high as $32.82. John Hancock Financial Opportunities Fund shares last traded at $32.29, with a volume of 68,604 shares.
John Hancock Financial Opportunities Fund Price Performance
The company’s 50-day moving average is $31.63 and its 200-day moving average is $29.26.
John Hancock Financial Opportunities Fund Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $2.60 dividend on an annualized basis and a yield of 8.09%.
Institutional Inflows and Outflows
John Hancock Financial Opportunities Fund Company Profile
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.
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