Dividend Insights for John Hancock Preferred Income Fund: Essential Information Before Ex-Dividend Date on Jul 11, 2025

The John Hancock Preferred Income Fund (HPI) has declared a cash dividend of $0.124 per share, with the ex-dividend date set for Jul 11, 2025, and payment scheduled on Jul 31, 2025. This announcement was made on Jul 1, 2025. The dividend is slightly lower compared to the average of the last ten dividends, which stood at $0.142 per share. The previous dividend was also $0.124 per share, paid on Jun 30, 2025.

Recently, the John Hancock Preferred Income Fund has garnered attention due to its high yield, comparable to those of junk bond and leveraged loan funds. This yield currently stands at 9.21%, offering investors a lucrative income option. Additionally, the fund's earnings data, released on Jul 31, highlighted significant financial results, with a reported earnings of $9,384,000 and a dividend of $0.358. These numbers suggest a stable financial position, enhancing the fund's appeal to income-seeking investors.

Over the past week, discussions about the John Hancock Preferred Income Fund's performance have intensified. Analysts have noted a modest increase in its stock price, marking a rise of 1.19% to $16.14. This increment is indicative of growing investor confidence, likely driven by the fund's robust fundamentals and attractive dividend yield. Moreover, the fund's financial health remains strong, as evidenced by its comprehensive earnings report and stable market presence.

In conclusion, the John Hancock Preferred Income Fund stands as a viable investment opportunity, especially with its upcoming ex-dividend date on Jul 11, 2025. Investors should note that this date is the final opportunity to purchase shares and qualify for the forthcoming dividend, as acquisitions made post this date will not be eligible for the current dividend distribution.