Dividend Update: John Hancock Preferred Income Fund III (HPS) Ahead of Oct 14, 2025 Ex-Dividend Date

John Hancock Preferred Income Fund III (HPS) has announced a cash dividend of $0.11000000 per share, with an ex-dividend date set for Oct 14, 2025. The dividend was officially declared on Oct 1, 2025, and will be distributed to eligible shareholders on Oct 31, 2025. This upcoming payout is slightly lower than the average of the last 10 dividend amounts, which stood at $0.12470700787401574, indicating a modest decrease in the company’s dividend per share. Notably, the last dividend was also set at $0.11000000 per share, announced on Sep 30, 2025, and was also in the form of a cash dividend. This suggests a consistent payout in recent months, but a slight decline from the historical average, which investors may be monitoring closely for future trends.

Recent developments surrounding HPS highlight several key points that could influence its market performance and investor sentiment. Over the past week, the fund confirmed its earnings release for the quarter ending July 30, 2025, scheduled for Oct 2, 2025, before market open, offering a timely look into its financial health. Analysts indicated that this update could provide clarity on the fund’s portfolio performance and income generation, particularly as it navigates evolving market conditions. Additionally, as of late, there has been growing interest in HPS’s monthly dividend schedule, with the upcoming ex-dividend date and the fund’s annual payout of $1.32 per share, translating to a yield of 8.43%. This consistent dividend approach continues to attract income-focused investors, especially those seeking stable returns in a low-growth environment. Lastly, reports recently emphasized HPS’s strong liabilities and shareholders' equity structure, suggesting a solid balance sheet and prudent financial management that could support future stability and performance.

In conclusion, investors should be aware that the ex-dividend date for this upcoming payout is Oct 14, 2025. Investors must purchase shares before this date to be eligible for the dividend, as any transactions completed on or after this day will not qualify for the distribution. Given the recent news, stable yields, and consistent payout pattern, HPS remains a notable option for those prioritizing income and stability in their investment portfolios.