John Hancock Preferred Income Fund: Key Dividend and Recent Developments Before Jun 12, 2025, Ex-dividend Date

John Hancock Preferred Income Fund (HPI) has announced its latest dividend details. The ex-dividend date is set for Jun 12, 2025, with a payout of $0.124 per share scheduled for Jun 30, 2025. The dividend was announced on Jun 2, 2025. Compared to the average dividend of $0.142 per share over the last ten distributions, this payout is lower. The previous dividend, distributed on May 30, 2025, was also $0.124 per share. The dividend type for both distributions is cash dividend.

Recently, the John Hancock Preferred Income Fund declared its monthly dividend of $0.124 per share, payable on Jun 30, 2025. This announcement aligns with its consistent strategy of providing regular income to shareholders.

As of late, the fund experienced a minor setback with its stock price dipping by 0.062% on Jun 6, 2025. This slight decline reflects broader market trends affecting preferred income funds. Analysts have indicated that despite this temporary dip, the fund's solid foundation in dividend-paying stocks continues to offer potential for income-focused investors.

Over the past week, the John Hancock Investors Trust, which shares investment strategies with HPI, reported an appealing 8.82% yield. However, it also faced a significant 15.92% decline in share price over the past five years. This trend highlights the challenges faced by similar funds in maintaining capital growth while prioritizing high dividend yields.

In conclusion, John Hancock Preferred Income Fund maintains its commitment to regular dividend payouts, providing a $0.124 per share dividend at the end of Jun 2025. Investors should note that the ex-dividend date is Jun 12, 2025. This is the final day to purchase shares and receive the upcoming dividend, as any acquisitions made after this date will not qualify for this distribution.