John Hancock Preferred Income Fund announces dividend of $0.1235
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Source: SeekingAlpha
Dividend Declaration: John Hancock Preferred Income Fund (HPI) has declared a monthly dividend of $0.1235 per share.
Yield Information: The fund offers a forward yield of 8.97%, with the dividend payable on January 30 for shareholders of record on December 29, and an ex-dividend date also on December 29.
Performance Insights: The article references the HPI Dividend Scorecard, Yield Chart, and Dividend Growth metrics for further analysis.
Investment Considerations: Seeking Alpha's Quant Rating highlights that high leverage may limit the appeal of the John Hancock Preferred Income Fund.
Analyst Views on HPI
Wall Street analysts forecast HPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HPI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About HPI
John Hancock Preferred Income Fund (the Fund) is a closed-end, diversified management investment 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 advisor, may be undervalued relative to similar securities in the marketplace. The Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. The Fund intends to invest primarily in fully taxable preferred securities. The Fund's portfolio of preferred securities may include both fixed rate and adjustable-rate securities. The Fund's investment advisor is John Hancock Investment Management LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
