John Hancock Financial Opportunities Fund (NYSE:BTO) Announces $0.65 Quarterly Dividend

by · The Cerbat Gem

John Hancock Financial Opportunities Fund (NYSE:BTOGet Free Report) declared a quarterly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be paid a dividend of 0.65 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, September 11th.

John Hancock Financial Opportunities Fund Trading Down 1.2%

Shares of BTO opened at $38.90 on Wednesday. The business’s 50-day moving average price is $40.03 and its 200-day moving average price is $37.70. John Hancock Financial Opportunities Fund has a twelve month low of $32.01 and a twelve month high of $42.00.

About John Hancock Financial Opportunities Fund

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John Hancock Financial Opportunities Fund (NYSE: BTO) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. Since its inception in August 2004, the fund has sought to deliver total return through a combination of current income and capital appreciation. As a publicly traded fund, it offers investors access to a diversified portfolio of financial services companies that might otherwise require direct equity investments or specialized mandates.

The fund primarily invests in common stocks, preferred stocks and convertible securities issued by companies in the banking, insurance, brokerage and specialty finance sectors.

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