John Hancock Financial Opportunities Fund (NYSE:BTO – Get Rating) shares saw an uptick in trading volume on Friday . 63,211 shares changed hands during mid-day trading, an increase of 13% from the previous session’s volume of 55,734 shares.The stock last traded at $28.96 and had previously closed at $29.01.
John Hancock Financial Opportunities Fund Stock Down 2.8 %
The company’s 50 day moving average price is $35.06 and its 200 day moving average price is $34.39.
John Hancock Financial Opportunities Fund Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Monday, March 13th will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, March 10th. This represents a $2.60 annualized dividend and a dividend yield of 9.22%.
Institutional Inflows and Outflows
About John Hancock Financial Opportunities Fund
John Hancock Financial Opportunities Fund is a closed-end diversified management investment fund. Its objective is to provide a high level of total return consisting of long-term capital appreciation and current income. The company was founded on August 23, 1994 and is headquartered in Boston, MA.
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