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John Hancock Preferred Income Fund Stock Dividends Overview

HPI pays dividends monthly. Last paid amount was $0.124 at Apr 30, 2024. As of today, dividend yield (TTM) is 9.70%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 9.70%
Frequency Monthly
1Y Growth -0.403%
Payout Ratio 0
Amount Per Share $0.124
John Hancock Preferred Income Fund has not yet announced its next dividend date. Last payment date was: Apr 30, 2024.

HPI Dividend Payout History

To ensure a understanding of HPI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 10, 2024 Apr 30, 2024 $0.124 0.760%
2 Mar 01, 2024 Mar 08, 2024 Mar 28, 2024 $0.124 0.743%
3 Feb 01, 2024 Feb 09, 2024 Feb 29, 2024 $0.124 0.744%
4 Dec 28, 2023 Dec 28, 2023 Jan 31, 2024 $0.124 0.770%
5 Dec 01, 2023 Dec 08, 2023 Dec 18, 2023 $0.124 0.798%
6 Nov 01, 2023 Nov 10, 2023 Nov 30, 2023 $0.124 0.82%
7 Oct 02, 2023 Oct 11, 2023 Oct 31, 2023 $0.124 0.94%
8 Sep 01, 2023 Sep 08, 2023 Sep 29, 2023 $0.124 0.85%
9 Aug 01, 2023 Aug 10, 2023 Aug 31, 2023 $0.124 0.81%
10 Jul 03, 2023 Jul 12, 2023 Jul 31, 2023 $0.124 0.785%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (43.38%)

Growth potential

Stable (7.52%)

HPI Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from HPI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in HPI stock here.

Comparing HPI to Sector and Country

HPI pays a solid dividend yield of 9.70%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). HPI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.

HPI Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
MBI
MBIA Inc 325.089M $8.00 176.32% -
JFR
Nuveen Floating Rate Income Fund 1.168B $0.0850 12.02% 79.51%
ISD
Prudential Short Duration High Yield Fund Inc 417.039M $0.105 10.27% 111.86%
HPI
John Hancock Preferred Income Fund 434.133M $0.124 9.70% 3,939.14%
STK
Columbia Seligman Premium Technology Growth Fund Inc 504.033M $0.463 7.01% -
EVN
Eaton Vance Municipal Income Trust 389.53M $0.0461 5.06% 141.62%
MYN
Blackrock MuniYield New York Quality Fund Inc 397.845M $0.0442 4.47% 85.55%
LEO
Dreyfus Strategic Municipals Inc 366.893M $0.0190 4.11% 135.23%
NQP
Nuveen Pennsylvania Investment Quality Municipal Fund Inc 430.469M $0.0455 3.53% -108.41%
MFL
Blackrock MuniHoldings Investment Quality Fund - $0.0500 0% 47.68%

FAQ

What factors can affect the amount of HPI's dividend payments?
The amount of HPI's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in HPI sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from HPI stock be automatically reinvested?
If HPI offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy HPI stock.

How often does HPI pay dividend?
John Hancock Preferred Income Fund (HPI) pays dividends monthly. The most recent payout was on Apr 30, 2024.

How much does HPI pays per share?
The last recorder (Apr 10, 2024) dividend per share was $0.124.

What is HPI dividend growth rate?
Over the last year, John Hancock Preferred Income Fund has witnessed growth rate of -0.403% . Looking back over the past 3 years, this growth rate has been -0.135%. Furthermore, examining the past 5 years, John Hancock Preferred Income Fund has maintained an average Dividends Per Share Growth Rate of -2.48%.
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About John Hancock Preferred Income Fund

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 sec... HPI Profile

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