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

$18.22 -0.01 (-0.05 %)
(As of 11/17/2017 03:29 AM ET)
Previous Close$18.23
Today's Range$18.15 - $18.23
52-Week Range$16.85 - $19.48
Volume35,726 shs
Average Volume65,613 shs
Market Capitalization$575.65 million
P/E RatioN/A
Dividend Yield8.04%
Beta0.24

About John Hancock Preferred Income Fund III (NYSE:HPS)

John Hancock Preferred Income Fund III logoJohn Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary objective. It invests approximately 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 approximately 25% or more of its total assets in the industries comprising the utilities sector. Its portfolio includes preferred securities-United States, Preferred securities-Foreign, common stocks, corporate bonds, and short term investments and other. It invests in various sectors, including financials, utilities, energy, healthcare and consumer staples. John Hancock Advisers, LLC serves as investment advisor for the Fund.


Industry, Sector and Symbol:
Dividend:
  • Dividend Yield: 8.0%
Misc:
  • Outstanding Shares: 31,580,000
 

Frequently Asked Questions for John Hancock Preferred Income Fund III (NYSE:HPS)

What is John Hancock Preferred Income Fund III's stock symbol?

John Hancock Preferred Income Fund III trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPS."

How often does John Hancock Preferred Income Fund III pay dividends? What is the dividend yield for John Hancock Preferred Income Fund III?

John Hancock Preferred Income Fund III declared a monthly dividend on Tuesday, October 3rd. Investors of record on Thursday, October 12th will be paid a dividend of $0.1222 per share on Tuesday, October 31st. This represents a $1.47 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date is Wednesday, October 11th. View John Hancock Preferred Income Fund III's Dividend History.

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

Some companies that are related to John Hancock Preferred Income Fund III include Blackrock Taxable Municipal Bond Trust (BBN), Hercules Capital (HTGC), Golub Capital BDC (GBDC), Liberty All-Star Equity Fund (USA), New Mountain Finance Corporation (NMFC), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV), Solar Capital (SLRC), TCP Capital Corp. (TCPC), BlackRock Enhanced Global Dividend Trust (BOE), Invesco California Value Municipal Income Trust (VCV), Eaton Vance Floating-Rate Income Trust (EFT), PennantPark Investment Corporation (PNNT), BlackRock Capital Investment Corporation (BKCC), Foresight Solar Fund Ltd (FSFL), PennantPark Floating Rate Capital (PFLT), Triangle Capital Corporation (TCAP), Clearbridge Energy MLP Total Return Fund (CTR) and MFS Charter Income Trust (MCR).

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

John Hancock Preferred Income Fund III'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, Trustee (Age 58)
  • Craig R. Bromley, Non-Independent Trustee (Age 51)

Who owns John Hancock Preferred Income Fund III stock?

John Hancock Preferred Income Fund III's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Nwam LLC (0.00%), Cetera Advisor Networks LLC (0.19%), Wells Fargo & Company MN (0.16%), Commonwealth Equity Services Inc (0.10%), Shaker Financial Services LLC (0.10%) and Raymond James Financial Services Advisors Inc. (0.08%). Company insiders that own John Hancock Preferred Income Fund III stock include Hassell H Mcclellan, James Boyle and Steven R Pruchansky. View Institutional Ownership Trends for John Hancock Preferred Income Fund III.

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

John Hancock Preferred Income Fund III's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN and Stratos Wealth Partners LTD.. View Insider Buying and Selling for John Hancock Preferred Income Fund III.

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

John Hancock Preferred Income Fund III's stock was acquired by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC, Cetera Advisor Networks LLC, Cambridge Investment Research Advisors Inc., Doliver Capital Advisors LP, Nwam LLC, Commonwealth Equity Services Inc and Raymond James Financial Services Advisors Inc.. Company insiders that have bought John Hancock Preferred Income Fund III stock in the last two years include James Boyle and Steven R Pruchansky. View Insider Buying and Selling for John Hancock Preferred Income Fund III.

How do I buy John Hancock Preferred Income Fund III stock?

Shares of John Hancock Preferred Income Fund III 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 III's stock price today?

One share of John Hancock Preferred Income Fund III stock can currently be purchased for approximately $18.22.

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

John Hancock Preferred Income Fund III has a market capitalization of $575.65 million.

How can I contact John Hancock Preferred Income Fund III?

John Hancock Preferred Income Fund III'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 III (NYSE HPS)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  22 (Vote Underperform)
Total Votes:  48
MarketBeat's community ratings are surveys of what our community members think about John Hancock Preferred Income Fund III 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

Analysts' Consensus Rating for John Hancock Preferred Income Fund III (NYSE:HPS)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for John Hancock Preferred Income Fund III (NYSE:HPS)

Price Target History for John Hancock Preferred Income Fund III (NYSE:HPS)

Analysts' Ratings History for John Hancock Preferred Income Fund III (NYSE:HPS)

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

Earnings

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


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

Estimates

Earnings Estimates for John Hancock Preferred Income Fund III (NYSE:HPS)

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

Dividends

Current Dividend Information for John Hancock Preferred Income Fund III (NYSE:HPS)

Most Recent Dividend:10/31/2017
Annual Dividend:$1.47
Dividend Yield:8.07%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for John Hancock Preferred Income Fund III (NYSE:HPS)

Dividend History by Quarter for John Hancock Preferred Income Fund III (NYSE HPS)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/3/2017monthly$0.127.78%10/11/201710/12/201710/31/2017
9/15/2017Quarterly$0.069/21/20179/22/20179/29/2017
9/5/2017monthly$0.127.85%9/8/20179/11/20179/29/2017
8/2/2017monthly$0.127.57%8/9/20178/11/20178/31/2017
7/5/2017monthly$0.127.66%7/11/20177/13/20177/31/2017
6/2/2017monthly$0.127.69%6/8/20176/12/20176/30/2017
5/2/2017monthly$0.127.75%5/9/20175/11/20175/31/2017
4/4/2017monthly$0.127.87%4/11/20174/13/20174/28/2017
2/24/2017monthly$0.127.91%3/9/20173/13/20173/31/2017
2/2/2017monthly$0.127.89%2/9/20172/13/20172/28/2017
1/4/2017monthly$0.128.13%1/11/20171/13/20171/31/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for John Hancock Preferred Income Fund III (NYSE HPS)

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

Insider Trades by Quarter for John Hancock Preferred Income Fund III (NYSE HPS)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/27/2017Steven R PruchanskyInsiderBuy200$18.97$3,794.00View SEC Filing  
9/30/2016Hassell H McclellanInsiderSell182$19.27$3,507.14View SEC Filing  
8/25/2016Steven R PruchanskyInsiderBuy125$20.04$2,505.00View SEC Filing  
1/4/2016James BoyleInsiderBuy848$17.71$15,018.08View SEC Filing  
4/3/2013Craig BromleyInsiderBuy1,100$19.66$21,626.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for John Hancock Preferred Income Fund III (NYSE:HPS)

Latest Headlines for John Hancock Preferred Income Fund III (NYSE HPS)

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Financials

Chart

John Hancock Preferred Income Fund III (NYSE HPS) Chart for Saturday, November, 18, 2017
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This page was last updated on 11/18/2017 by MarketBeat.com Staff

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