John Hancock Preferred Income Fund Sets $0.1235 Payment, Yields 9.14%
HPI•John Hancock Preferred Income Fund (HPI) declared a $0.1235-per-share distribution on July 1, 2026, payable July 31 to shareholders of record July 13. The market price as of June 30 was $16.21, implying a 9.14% annualized distribution rate, with the payout amount unchanged from the prior month.
1. Distribution Announcement
On July 1, 2026, John Hancock Preferred Income Fund declared a monthly distribution of $0.1235 per share. The ex-dividend and record date are both July 13, with payment scheduled for July 31 to holders of record on that date.
2. Market Price and Yield
As of June 30, HPI units traded at $16.21 each, translating to a 9.14% annualized distribution rate. The distribution amount remains unchanged from the previous period, underscoring the fund’s stable payout policy.
