The John Hancock Preferred Income Fund III (HPS) has announced its latest dividend per share of $0.110, scheduled for distribution on Aug 29, 2025. This figure represents a decline compared to the average dividend of $0.125 over the last ten payouts. The ex-dividend date is set for Aug 11, 2025, and the most recent dividend before this was issued on Jul 31, 2025, also at $0.110. The dividend type for both instances is cash dividend, underscoring the company's commitment to providing tangible returns to its shareholders.
Recently, John Hancock Preferred Income Fund III has been the focus of several important developments. Over the past week, it has been noted that
offers an attractive yield of 9.1% with monthly payouts. This consistent yield is appealing to income-focused investors, despite the backdrop of recent stock price fluctuations. Analysts have indicated that HPS's valuation has become more attractive, drawing attention from those who prioritize stable income from their investments. Furthermore, the fund's stock price experienced a modest increase of 0.138% on Aug 6, 2025, moving from $14.53 to $14.55, reflecting a slight positive momentum in its market performance. As of late, the company has also announced its monthly distribution to be paid on Aug 29, 2025, to shareholders of record, reinforcing its commitment to regular shareholder returns. These developments highlight HPS's potential as a hedge against market volatility, particularly for those seeking reliable income streams.
Since the last update, John Hancock Preferred Income Fund III has continued to showcase fundamental strength, with analysts noting its robust dividend performance and appealing yield. The ex-dividend date of Aug 11, 2025, is crucial for investors looking to partake in the upcoming dividend, as purchases made after this date will not qualify for the current distribution.
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