John Hancock Preferred Income Fund III (HPS) To Go Ex-Dividend on February 9th

John Hancock Preferred Income Fund III (NYSE:HPSGet Free Report) announced a monthly dividend on Thursday, February 1st, investing.com reports. Stockholders of record on Monday, February 12th will be paid a dividend of 0.11 per share on Thursday, February 29th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.88%. The ex-dividend date is Friday, February 9th.

John Hancock Preferred Income Fund III Trading Up 1.0 %

Shares of HPS stock opened at $14.87 on Wednesday. John Hancock Preferred Income Fund III has a fifty-two week low of $11.79 and a fifty-two week high of $15.72. The business’s 50 day moving average price is $14.07 and its 200-day moving average price is $13.58.

Institutional Investors Weigh In On John Hancock Preferred Income Fund III

Several hedge funds have recently made changes to their positions in the company. Morgan Stanley boosted its position in shares of John Hancock Preferred Income Fund III by 26.1% during the fourth quarter. Morgan Stanley now owns 569,728 shares of the company’s stock valued at $8,221,000 after purchasing an additional 117,784 shares in the last quarter. Invesco Ltd. boosted its position in shares of John Hancock Preferred Income Fund III by 8.0% during the first quarter. Invesco Ltd. now owns 255,835 shares of the company’s stock valued at $4,595,000 after purchasing an additional 18,901 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of John Hancock Preferred Income Fund III by 13.8% during the first quarter. Ameriprise Financial Inc. now owns 174,517 shares of the company’s stock valued at $2,560,000 after purchasing an additional 21,220 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of John Hancock Preferred Income Fund III by 6.5% during the second quarter. Osaic Holdings Inc. now owns 164,529 shares of the company’s stock valued at $2,305,000 after purchasing an additional 10,065 shares in the last quarter. Finally, Cetera Advisor Networks LLC boosted its position in shares of John Hancock Preferred Income Fund III by 45.3% during the fourth quarter. Cetera Advisor Networks LLC now owns 74,919 shares of the company’s stock valued at $1,081,000 after purchasing an additional 23,341 shares in the last quarter.

About John Hancock Preferred Income Fund III

(Get Free Report)

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.

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Dividend History for John Hancock Preferred Income Fund III (NYSE:HPS)

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