NYSE:HPI

John Hancock Preferred Income Fund (HPI) Stock Forecast, Price & News

$14.47

-0.13 (-0.89%)

(As of 09/26/2023 ET)

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Today's Range: $14.45
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$14.63
50-Day Range: $14.47
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$15.80
52-Week Range: $14.02
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$18.29

Volume: 41,554 shs
Average Volume: 55,298 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 10.23%
Price Target: N/A

About John Hancock Preferred Income Fund (NYSE:HPI) Stock

John Hancock Preferred Income Fund is a closed ended balanced 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 and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund was formed on August 27, 2002 and is domiciled in the United States.

HPI Price History

30 days | 90 days | 365 days | Advanced Chart

HPI Stock News Headlines

September 8, 2023 | msn.com

HPI: Some Good Things, But High Leverage Is A Real Concern Right Now

August 30, 2023 | seekingalpha.com

John Hancock Preferred Income Fund III reports Q4 results

September 27, 2023 | Behind the Markets (Ad)

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May 24, 2023 | msn.com

John Hancock Preferred Income Fund II reports FQ3 results

May 24, 2023 | msn.com

John Hancock Preferred Income Fund reports FQ3 results

January 18, 2023 | seekingalpha.com

HPI John Hancock Preferred Income Fund

February 4, 2022 | seekingalpha.com

John Hancock Preferred Income Fund declares $0.1235 dividend

February 16, 2021 | finance.yahoo.com

John Hancock Financial Opportunities Fund, John Hancock Hedged Equity & Income Fund, John Hancock Preferred Income Fund, John Hancock Preferred Income Fund II, John Hancock Preferred Income Fund III, John Hancock Premium Dividend Fund, John Hancock Tax-advantaged Dividend Income Fund and John Hancock Tax-Advantaged Global Shareholder Yield Fund Announce Results of Annual Meetings of Shareholders

September 27, 2023 | Behind the Markets (Ad)

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December 1, 2020 | finance.yahoo.com

John Hancock Closed-end Fund Preferred Income Fund Declares Monthly Distribution

October 23, 2020 | nasdaq.com

John Hancock Preferred Income Fund Common Shares of Beneficial Interest (HPI)

October 6, 2020 | seekingalpha.com

HPI: Resilient So Far, But The COVID-19 Pandemic Is Still Here

September 29, 2020 | seekingalpha.com

FFC: Providing Attractive Monthly Income, Yielding 7.46%

August 8, 2020 | seekingalpha.com

Retirement: The Social Security Time Bomb

June 15, 2020 | seekingalpha.com

HPI: You Need A Monthly-Pay Preferred Income Stream

March 21, 2020 | seekingalpha.com

Volatility Is An Opportunity: Building A High-Yield Fixed Income Portfolio

February 16, 2020 | finance.yahoo.com

John Hancock Preferred Income Fund II (HPF)

December 28, 2019 | finance.yahoo.com

John Hancock Preferred Income Fund (HPI)

December 13, 2019 | finance.yahoo.com

John Hancock Closed-end Funds Declare Monthly Distributions

December 10, 2019 | seekingalpha.com

John Hancock Preferred Income Fund goes ex-dividend tomorrow

October 3, 2019 | markets.ft.com

John Hancock Preferred Income Fund

August 2, 2019 | seekingalpha.com

The Sale On HPI Has Come And Gone

July 8, 2019 | seekingalpha.com

Flaherty & Crumrine Preferred Securities Income Fund - A Defensive Income Fund With Low Costs

March 20, 2019 | seekingalpha.com

Preparing For The Next Recession With 7.8% Yield From HPI Preferred Closed End Fund

See More Headlines

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HPI Company Calendar

Ex-Dividend for 8/31 Dividend: 8/10/2023
Dividend Payable: 8/31/2023
Ex-Dividend for 9/29 Dividend: 9/08/2023
Today: 9/27/2023
Dividend Payable: 9/29/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Asset Management
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: NYSE:HPI
CUSIP: N/A
CIK: 1176199
Web: www.jhinvestments.com
Phone: (800) 852-0218
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $-26,540,007.00
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Joseph H. Bozoyan C.F.A.
CFA, Portfolio Mang.

Mr. Bradley Lutz CFA
Portfolio Mang.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HPI Stock - Frequently Asked Questions

How have HPI shares performed in 2023?: John Hancock Preferred Income Fund's stock was trading at $16.05 at the start of the year. Since then, HPI stock has decreased by 9.8% and is now trading at $14.47.
View the best growth stocks for 2023 here.
Are investors shorting John Hancock Preferred Income Fund?: John Hancock Preferred Income Fund saw a increase in short interest in August. As of August 31st, there was short interest totaling 42,100 shares, an increase of 46.2% from the August 15th total of 28,800 shares. Based on an average trading volume of 53,000 shares, the days-to-cover ratio is presently 0.8 days.
View John Hancock Preferred Income Fund's Short Interest.
How often does John Hancock Preferred Income Fund pay dividends? What is the dividend yield for John Hancock Preferred Income Fund?: John Hancock Preferred Income Fund declared a monthly dividend on Friday, September 1st. Investors of record on Monday, September 11th will be paid a dividend of $0.1235 per share on Friday, September 29th. This represents a $1.48 annualized dividend and a dividend yield of 10.24%. The ex-dividend date of this dividend is Friday, September 8th.
Read our dividend analysis for HPI.
Is John Hancock Preferred Income Fund a good dividend stock?: John Hancock Preferred Income Fund (NYSE:HPI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 0.08%.
Read our dividend analysis for HPI.

What other stocks do shareholders of John Hancock Preferred Income Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other John Hancock Preferred Income Fund investors own include PIMCO Dynamic Credit and Mortgage Income Fund (PCI), AT&T (T), Enterprise Products Partners (EPD), Ares Capital (ARCC), Iron Mountain (IRM), Energy Transfer (ET), Annaly Capital Management (NLY), AGNC Investment (AGNC), Altria Group (MO) and ONEOK (OKE).
What is John Hancock Preferred Income Fund's stock symbol?: John Hancock Preferred Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPI."
Who are John Hancock Preferred Income Fund's major shareholders?: John Hancock Preferred Income Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (0.00%), Commonwealth Equity Services LLC (0.00%), LPL Financial LLC (0.00%), Guggenheim Capital LLC (0.00%), Kestra Advisory Services LLC (0.00%) and TSP Capital Management Group LLC (0.00%). Insiders that own company stock include Frances G Rathke and Steven R Pruchansky.
View institutional ownership trends.
How do I buy shares of John Hancock Preferred Income Fund?: Shares of HPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is John Hancock Preferred Income Fund's stock price today?: One share of HPI stock can currently be purchased for approximately $14.47.
How can I contact John Hancock Preferred Income Fund?: John Hancock Preferred Income Fund's mailing address is 601 Congress St, BOSTON, MA 02210-2804, United States. The official website for the company is www.jhinvestments.com. The company can be reached via phone at (800) 852-0218.

This page (NYSE:HPI) was last updated on 9/27/2023 by MarketBeat.com Staff

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