John Hancock Financial Opportunities Fund (NYSE:BTO - Get Free Report) declared a quarterly dividend on Tuesday, June 3rd, Wall Street Journal reports. Shareholders of record on Thursday, June 12th will be paid a dividend of 0.65 per share by the financial services provider on Monday, June 30th. This represents a $2.60 annualized dividend and a yield of 7.62%. The ex-dividend date of this dividend is Thursday, June 12th.
John Hancock Financial Opportunities Fund has raised its dividend by an average of 5.7% per year over the last three years.
John Hancock Financial Opportunities Fund Stock Down 0.7%
John Hancock Financial Opportunities Fund stock traded down $0.24 during mid-day trading on Thursday, hitting $34.13. 18,027 shares of the stock were exchanged, compared to its average volume of 51,096. John Hancock Financial Opportunities Fund has a 12 month low of $26.40 and a 12 month high of $39.87. The firm's fifty day simple moving average is $32.42 and its two-hundred day simple moving average is $34.88.
About John Hancock Financial Opportunities Fund
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John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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