Welcome to our dedicated page for John Hancock Preferred Income Fund news (Ticker: HPI), a resource for investors and traders seeking the latest updates and insights on John Hancock Preferred Income Fund stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect John Hancock Preferred Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of John Hancock Preferred Income Fund's position in the market.
John Hancock's Preferred Income Fund (HPI) has announced its monthly distribution for December 2024. The fund declared a distribution of $0.1235 per share, maintaining the same rate as the previous distribution. With a market price of $16.43 as of December 19, 2024, this represents an annualized current distribution rate of 9.02% at market.
The fund has accelerated its January 2025 distribution schedule, with the declaration date set for December 20, 2024, and both ex-date and record date for December 30, 2024. Payment will be made on January 31, 2025. This acceleration is specifically to meet 2024 federal excise tax requirements. Regular monthly scheduling is expected to resume in February 2025.
John Hancock Preferred Income Fund (HPI) has announced its monthly distribution of $0.1235 per share. The distribution will be paid on December 19, 2024, with an ex-date and record date of December 12, 2024. Based on the market price of $17.65 as of November 29, 2024, the fund's annualized current distribution rate stands at 8.40%.
Investors should note that a portion of the distribution may include sources other than net investment income, including a return of capital. A detailed notice with estimated distribution components will be provided to shareholders and posted on www.jhinvestments.com.
FAQ
What is the current stock price of John Hancock Preferred Income Fund (HPI)?
What is the market cap of John Hancock Preferred Income Fund (HPI)?
