John Hancock Preferred Income Fund (HPI) Earns Daily Media Sentiment Rating of 0.39

News headlines about John Hancock Preferred Income Fund (NYSE:HPI) have trended positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. John Hancock Preferred Income Fund earned a news impact score of 0.39 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 48.8153648459442 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of John Hancock Preferred Income Fund (NYSE HPI) traded up 0.55% during midday trading on Tuesday, hitting $21.89. 45,056 shares of the stock traded hands. John Hancock Preferred Income Fund has a 12-month low of $18.91 and a 12-month high of $22.58. The company’s 50 day moving average price is $21.72 and its 200-day moving average price is $21.80.

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Thursday, October 12th will be given a dividend of $0.14 per share. The ex-dividend date is Wednesday, October 11th. This represents a $1.68 annualized dividend and a dividend yield of 7.67%.

WARNING: This news story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://ledgergazette.com/2017/10/10/john-hancock-preferred-income-fund-hpi-earns-daily-media-sentiment-rating-of-0-39.html.

About John Hancock Preferred Income Fund

John Hancock Preferred Income Fund is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of income consistent with preservation of capital, and to provide growth of capital. Normally, 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.

Shares of John Hancock Preferred Income Fund (NYSE HPI) traded up 0.55% during midday trading on Tuesday, hitting $21.89. 45,056 shares of the stock traded hands. John Hancock Preferred Income Fund has a 12-month low of $18.91 and a 12-month high of $22.58. The company’s 50 day moving average price is $21.72 and its 200-day moving average price is $21.80.

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Thursday, October 12th will be given a dividend of $0.14 per share. The ex-dividend date is Wednesday, October 11th. This represents a $1.68 annualized dividend and a dividend yield of 7.67%.

WARNING: This news story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://ledgergazette.com/2017/10/10/john-hancock-preferred-income-fund-hpi-earns-daily-media-sentiment-rating-of-0-39.html.

About John Hancock Preferred Income Fund

John Hancock Preferred Income Fund is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of income consistent with preservation of capital, and to provide growth of capital. Normally, 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.

Insider Buying and Selling by Quarter for John Hancock Preferred Income Fund (NYSE:HPI)

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