NYSE:HPI

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

$16.27
+0.38 (+2.39%)
(As of 04/23/2024 ET)
Today's Range
$15.88
$16.27
50-Day Range
$15.38
$16.71
52-Week Range
$12.85
$16.89
Volume
40,207 shs
Average Volume
62,604 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
9.10%
Price Target
N/A
HPI stock logo

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

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 Stock Price History

HPI Stock News Headlines

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DFP: Preferred Stocks Are Probably Overpriced Right Now
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
HPI John Hancock Preferred Income Fund
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/08/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/10/2024
Today
4/24/2024
Dividend Payable
4/30/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.47 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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HPI Stock Analysis - Frequently Asked Questions

How have HPI shares performed in 2024?

John Hancock Preferred Income Fund's stock was trading at $15.78 on January 1st, 2024. Since then, HPI shares have increased by 3.1% and is now trading at $16.27.
View the best growth stocks for 2024 here
.

Are investors shorting John Hancock Preferred Income Fund?

John Hancock Preferred Income Fund saw a increase in short interest in March. As of March 31st, there was short interest totaling 15,800 shares, an increase of 59.6% from the March 15th total of 9,900 shares. Based on an average daily trading volume, of 62,500 shares, the days-to-cover ratio is currently 0.3 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 Monday, April 1st. Stockholders of record on Thursday, April 11th will be paid a dividend of $0.1235 per share on Tuesday, April 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date of this dividend is Wednesday, April 10th.
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).

Who are John Hancock Preferred Income Fund's major shareholders?

John Hancock Preferred Income Fund's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Harbor Investment Advisory LLC (0.00%), CWM LLC (0.00%) and Global Retirement Partners LLC (0.00%). Insiders that own company stock include Dean Garfield, Noni L Ellison 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HPI) was last updated on 4/24/2024 by MarketBeat.com Staff

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