John Hancock Preferred Income Fund Stock Price, News & Analysis (NYSE:HPI)

$20.05 +0.05 (+0.25 %)
(As of 02/22/2018 11:56 AM ET)
Previous Close$20.00
Today's Range$20.01 - $20.09
52-Week Range$19.73 - $22.58
Volume13,630 shs
Average Volume71,692 shs
Market Capitalization$519.89 million
P/E RatioN/A
Dividend Yield8.40%
Beta0.21

About John Hancock Preferred Income Fund (NYSE:HPI)

John Hancock Preferred Income Fund is a closed-end, diversified management investment company. The Fund's investment objective is to provide a high level of income consistent with preservation of capital, and to provide growth of capital. Normally, the Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. In addition, the fund invests 25% or more of its total assets in the industries comprising the utilities sector. Its portfolio composition includes the United States preferred securities, foreign preferred securities, common stocks, corporate bonds and short term investments. The Company's sector composition includes financials, utilities, energy, telecommunication services, healthcare, industrials, consumer staples and short term investments. The Company's investment advisor is John Hancock Advisers, LLC.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:HPI
CUSIPN/A
Phone+1-617-6633000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares25,990,000

John Hancock Preferred Income Fund (NYSE:HPI) Frequently Asked Questions

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."

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 Monday, February 5th. Shareholders of record on Monday, February 12th will be given a dividend of $0.14 per share on Wednesday, February 28th. This represents a $1.68 dividend on an annualized basis and a yield of 8.38%. The ex-dividend date is Friday, February 9th. View John Hancock Preferred Income Fund's Dividend History.

Who are some of John Hancock Preferred Income Fund's key competitors?

Who are John Hancock Preferred Income Fund's key executives?

John Hancock Preferred Income Fund's management team includes the folowing people:

  • Hassell H. McClellan, Chairman of the Board of Trustee (Age 72)
  • Andrew G. Arnott, President (Age 46)
  • Steven R. Pruchansky, Independent Vice Chairman of the Board of Trustees (Age 73)
  • Charles A. Rizzo, Chief Financial Officer (Age 60)
  • John J. Danello, Senior Vice President, Secretary and Chief Legal Officer (Age 62)
  • Francis V. Knox Jr., Chief Compliance Officer (Age 70)
  • Salvatore Schiavone, Treasurer (Age 52)
  • Charles L. Bardelis, Independent Trustee (Age 76)
  • James R. Boyle, Non-Independent Trustee (Age 58)
  • Craig R. Bromley, Non-Independent Trustee (Age 51)

Who owns John Hancock Preferred Income Fund stock?

John Hancock Preferred Income Fund's stock is owned by a number of of retail and institutional investors. Top institutional investors include Selway Asset Management (0.78%), LPL Financial LLC (0.35%), Wells Fargo & Company MN (0.26%), Advisor Group Inc. (0.15%), Capital Investment Advisors LLC (0.13%) and Citadel Advisors LLC (0.07%). Company insiders that own John Hancock Preferred Income Fund stock include Anish Sunderji, Aziz Shariff, Hassell H Mcclellan and Steven R Pruchansky. View Institutional Ownership Trends for John Hancock Preferred Income Fund.

Who sold John Hancock Preferred Income Fund stock? Who is selling John Hancock Preferred Income Fund stock?

John Hancock Preferred Income Fund's stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wells Fargo & Company MN, Annex Advisory Services LLC and Capital Investment Advisors LLC. View Insider Buying and Selling for John Hancock Preferred Income Fund.

Who bought John Hancock Preferred Income Fund stock? Who is buying John Hancock Preferred Income Fund stock?

John Hancock Preferred Income Fund's stock was acquired by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, LPL Financial LLC, Selway Asset Management, Advisor Group Inc. and Global Trust Asset Management LLC. Company insiders that have bought John Hancock Preferred Income Fund stock in the last two years include Anish Sunderji, Aziz Shariff and Steven R Pruchansky. View Insider Buying and Selling for John Hancock Preferred Income Fund.

How do I buy John Hancock Preferred Income Fund stock?

Shares of John Hancock Preferred Income Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is John Hancock Preferred Income Fund's stock price today?

One share of John Hancock Preferred Income Fund stock can currently be purchased for approximately $20.05.

How big of a company is John Hancock Preferred Income Fund?

John Hancock Preferred Income Fund has a market capitalization of $519.89 million.

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 company can be reached via phone at +1-617-6633000.


MarketBeat Community Rating for John Hancock Preferred Income Fund (HPI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  32 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  63
MarketBeat's community ratings are surveys of what our community members think about John Hancock Preferred Income Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

John Hancock Preferred Income Fund (NYSE:HPI) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for John Hancock Preferred Income Fund (NYSE:HPI)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

John Hancock Preferred Income Fund (NYSE:HPI) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

John Hancock Preferred Income Fund (NYSE:HPI) Dividend Information

Next Dividend:2/28/2018
Annual Dividend:$1.68
Dividend Yield:8.38%
Dividend Growth:-2.60% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for John Hancock Preferred Income Fund (NYSE:HPI)

John Hancock Preferred Income Fund (NYSE:HPI) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/5/2018monthly$0.148.41%2/9/20182/12/20182/28/2018
1/3/2018monthly$0.147.85%1/11/20181/12/20181/31/2018
12/4/2017monthly$0.147.81%12/8/201712/11/201712/29/2017
11/2/2017monthly$0.147.7%11/10/201711/13/201711/30/2017
10/3/2017monthly$0.147.68%10/11/201710/12/201710/31/2017
9/5/2017monthly$0.147.73%9/8/20179/11/20179/29/2017
8/2/2017monthly$0.147.54%8/9/20178/11/20178/31/2017
7/5/2017monthly$0.147.63%7/11/20177/13/20177/31/2017
6/2/2017monthly$0.147.6%6/8/20176/12/20176/30/2017
5/2/2017monthly$0.147.62%5/9/20175/11/20175/31/2017
4/4/2017monthly$0.147.81%4/11/20174/13/20174/28/2017
2/24/2017monthly$0.147.94%3/9/20173/13/20173/31/2017
2/2/2017monthly$0.147.98%2/9/20172/13/20172/28/2017
1/4/2017monthly$0.148.14%1/11/20171/13/20171/31/2017
(Data available from 1/1/2013 forward)

Insider Trades

John Hancock Preferred Income Fund (NYSE HPI) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for John Hancock Preferred Income Fund (NYSE:HPI)
Insider Trades by Quarter for John Hancock Preferred Income Fund (NYSE:HPI)

John Hancock Preferred Income Fund (NYSE HPI) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/6/2017Aziz ShariffInsiderBuy253,500$0.25$63,375.00
3/1/2017Anish SunderjiDirectorBuy10,000$0.25$2,500.00
9/30/2016Hassell H McclellanInsiderSell90$22.35$2,011.50620View SEC Filing  
8/25/2016Steven R PruchanskyInsiderBuy110$22.82$2,510.201,438View SEC Filing  
1/4/2016James BoyleinsiderBuy754$19.93$15,027.22754View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

John Hancock Preferred Income Fund (NYSE HPI) News Headlines

Source:
DateHeadline
John Hancock Preferred Income Fund (HPI) to Issue $0.14 Monthly DividendJohn Hancock Preferred Income Fund (HPI) to Issue $0.14 Monthly Dividend
www.americanbankingnews.com - February 5 at 7:12 PM
John Hancock Preferred Income Fund (HPI) Announces Monthly Dividend of $0.14John Hancock Preferred Income Fund (HPI) Announces Monthly Dividend of $0.14
www.americanbankingnews.com - January 3 at 8:04 PM
John Hancock Preferred Income Fund Announces Monthly Dividend of $0.14 (HPI)John Hancock Preferred Income Fund Announces Monthly Dividend of $0.14 (HPI)
www.americanbankingnews.com - December 4 at 9:10 PM
John Hancock Preferred Income Fund, Preferred Income Fund II And Preferred Income Fund III Declare Monthly DistributionsJohn Hancock Preferred Income Fund, Preferred Income Fund II And Preferred Income Fund III Declare Monthly Distributions
finance.yahoo.com - December 1 at 5:58 PM
John Hancock Preferred Income Fund (HPI) Plans Monthly Dividend of $0.14John Hancock Preferred Income Fund (HPI) Plans Monthly Dividend of $0.14
www.americanbankingnews.com - November 2 at 7:28 PM
John Hancock Preferred Income Fund (NYSE:HPI) Announces Monthly Dividend of $0.14John Hancock Preferred Income Fund (NYSE:HPI) Announces Monthly Dividend of $0.14
www.americanbankingnews.com - August 2 at 6:27 PM
The John Hancock Preferred Income Fund Offers High DiversificationThe John Hancock Preferred Income Fund Offers High Diversification
seekingalpha.com - February 22 at 5:54 PM
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SEC Filings

John Hancock Preferred Income Fund (NYSE:HPI) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

John Hancock Preferred Income Fund (NYSE HPI) Stock Chart for Thursday, February, 22, 2018

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This page was last updated on 2/22/2018 by MarketBeat.com Staff

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