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John Hancock Preferred Income Fund III Stock Dividends Overview

HPS pays dividends monthly. Last paid amount was $0.110 at May 31, 2024. As of today, dividend yield (TTM) is 9.29%.

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) 9.29%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.110
John Hancock Preferred Income Fund III has not yet announced its next dividend date. Last payment date was: May 31, 2024.

HPS Dividend Payout History

To ensure a understanding of HPS'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
101 Jan 04, 2016 Jan 12, 2016 Jan 29, 2016 $0.122 0.676%
102 Dec 01, 2015 Dec 09, 2015 Dec 31, 2015 $0.122 0.683%
103 Nov 02, 2015 Nov 09, 2015 Nov 30, 2015 $0.122 0.711%
104 Oct 01, 2015 Oct 08, 2015 Oct 30, 2015 $0.122 0.711%
105 Sep 01, 2015 Sep 09, 2015 Sep 30, 2015 $0.122 0.732%
106 Aug 03, 2015 Aug 11, 2015 Aug 31, 2015 $0.122 0.727%
107 Jul 01, 2015 Jul 09, 2015 Jul 31, 2015 $0.122 0.715%
108 Jun 01, 2015 Jun 09, 2015 Jun 30, 2015 $0.122 0.731%
109 May 01, 2015 May 07, 2015 May 29, 2015 $0.122 0.685%
110 Apr 01, 2015 Apr 09, 2015 Apr 30, 2015 $0.122 0.663%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (46.33%)

Growth potential

Stable (8.77%)

HPS Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from HPS 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 HPS stock here.

Comparing HPS to Sector and Country

HPS pays a solid dividend yield of 9.29%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). HPS’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.09%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of HPS's dividend payments?
The amount of HPS'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 HPS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from HPS stock be automatically reinvested?
If HPS 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 HPS stock.

How often does HPS pay dividend?
John Hancock Preferred Income Fund III (HPS) pays dividends monthly. The most recent payout was on May 31, 2024.

How much does HPS pays per share?
The last recorder (May 10, 2024) dividend per share was $0.110.

What is HPS dividend growth rate?
Over the last year, John Hancock Preferred Income Fund III has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, John Hancock Preferred Income Fund III has maintained an average Dividends Per Share Growth Rate of -2.05%.
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About John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III is a closed ended fixed income 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 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 securities or other fixed-income securities rated investment g... HPS Profile

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