Shares of John Hancock Preferred Income Fund III (NYSE:HPS – Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.95 and traded as low as $13.69. John Hancock Preferred Income Fund III shares last traded at $13.70, with a volume of 32,528 shares traded.
John Hancock Preferred Income Fund III Price Performance
The company has a 50-day simple moving average of $13.95 and a two-hundred day simple moving average of $13.98.
John Hancock Preferred Income Fund III Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, September 11th will be paid a $0.11 dividend. The ex-dividend date is Friday, September 8th. This represents a $1.32 annualized dividend and a dividend yield of 9.64%.
Institutional Trading of 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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