Shares of John Hancock Preferred Income Fund III (NYSE:HPS – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $16.22 and traded as high as $16.98. John Hancock Preferred Income Fund III shares last traded at $16.96, with a volume of 40,870 shares.
John Hancock Preferred Income Fund III Stock Performance
The company’s 50 day moving average price is $16.24 and its 200 day moving average price is $15.72.
John Hancock Preferred Income Fund III Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a $0.11 dividend. The ex-dividend date is Friday, September 13th. This represents a $1.32 annualized dividend and a dividend yield of 7.77%.
Hedge Funds Weigh In On John Hancock Preferred Income Fund III
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.
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