John Hancock Preferred Income Fund Iii (HPS) Dividend Yield, History & Safety Analysis
John Hancock Preferred Income Fund Iii (HPS) pays a high 9.06% dividend yield, or $1.32 per share annually at a stock price of $14.53. The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.9x. Dividend growth has been steady, with a 3-year CAGR of 0.0% and a 5-year CAGR of 0.0% (10-year: -1.0%). The most recent ex-dividend date was May 11, 2026.
- Dividend Yield
- 9.06%
- Annual Dividend
- $1.32
- Payout Ratio
- 1.1%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-05-11
- Sector
- Financial Services
- Earnings Per Share
- $1.17
Frequently Asked Questions
What is HPS's current dividend yield?
John Hancock Preferred Income Fund Iii (HPS) has a dividend yield of 9.06%, paying $1.32 per share annually.
How often does HPS pay dividends?
John Hancock Preferred Income Fund Iii typically pays dividends on a quarterly basis. The annual dividend totals $1.32 per share.
Is HPS's dividend safe?
John Hancock Preferred Income Fund Iii's dividend safety is rated "Safe." The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.9x.
When is HPS's next ex-dividend date?
The most recent ex-dividend date for John Hancock Preferred Income Fund Iii was May 11, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is HPS's dividend growth rate?
John Hancock Preferred Income Fund Iii has a 5-year dividend compound annual growth rate (CAGR) of 0.0%. The 10-year CAGR is -1.0%.
What is HPS's payout ratio?
John Hancock Preferred Income Fund Iii has a payout ratio of 1%, meaning it distributes 1% of its earnings as dividends. This leaves significant room for dividend growth.
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