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John Hancock Investment Management Sets HPI's $0.1235 November Distribution

The monthly amount is unchanged. Nov. 12 is both the ex-dividend and record date, with payment scheduled for Nov. 30.

A brass calendar wheel turns beside a small silver disc / TokenPost.ai
A brass calendar wheel turns beside a small silver disc / TokenPost.ai

John Hancock Investment Management declared a $0.1235-per-share November distribution for John Hancock Preferred Income Fund (HPI) on Monday, keeping its monthly payment unchanged from the previous distribution.

Nov. 12 is both the ex-dividend date and the record date. The ex-dividend date marks when a buyer is no longer entitled to a specified distribution; the record date determines which shareholders qualify.

HPI's annualized current distribution rate at market was 11.11%, based on a $13.34 market price as of Oct. 30. Payment is scheduled for Nov. 30.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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