John Hancock Preferred: Dividend Insights
Portfolio Pulse from Benzinga Insights
John Hancock Preferred (NYSE:HPI) announced a monthly dividend of 12.35 cents per share, payable on June 30, 2023. Shareholders must own the stock prior to the ex-dividend date, Friday, to be eligible for the dividend.
June 06, 2023 | 2:47 pm
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John Hancock Preferred (HPI) will pay a monthly dividend of 12.35 cents per share, with the stock trading lower on the ex-dividend date, Friday.
The stock will likely open 12.35 cents lower on the ex-dividend date, Friday, reflecting the dividend payout. This will have a short-term negative impact on the stock price, as it adjusts to the dividend distribution.
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