DIVIDEND ANNOUNCEMENT: Sh Ben Int/John Hancock Preferred Income Fund (NYSE:HPI) on 12/20/2019 declared a dividend of $0.1235 per share

Sh Ben Int/John Hancock Preferred Income Fund (NYSE:HPI) on 12/20/2019 declared a dividend of $ 0.1235 per share payable on January 31, 2020 to shareholders of record as of December 30, 2019.

Sh Ben Int/John Hancock Preferred Income Fund (NYSE:HPI) has paid dividends since 2002, has a current dividend yield of 7.1936054230% and has increased its dividends for 0 successive years.

Sh Ben Int/John Hancock Preferred Income Fund's market cap is $ 506,700,000 and has a PE ratio of 16.81. The stock price closed yesterday at $ 22.52 and has a 52 week low/high of $ 17.02 and $ 24.44.

John Hancock Preferred Income Fund is a closed-end diversified investment management company. The Fund's primary investment objective is 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 investment objective. The Fund seeks to achieve its objectives by investing in securities that, in the opinion of the Adviser, may be undervalued relative to similar securities in the marketplace. As of July 31 2017, the Fund had total assets of $870,668,531 and total investments of $862,839,524.

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