John Hancock Financial Opportunities Fund to Issue Quarterly Dividend of $0.65 (NYSE:BTO)

by · The Markets Daily

John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) announced a quarterly dividend on Monday, March 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of 0.65 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Thursday, March 12th.

John Hancock Financial Opportunities Fund Price Performance

John Hancock Financial Opportunities Fund stock opened at $35.90 on Wednesday. John Hancock Financial Opportunities Fund has a fifty-two week low of $27.73 and a fifty-two week high of $39.85. The stock has a fifty day moving average of $37.00 and a two-hundred day moving average of $35.90.

John Hancock Financial Opportunities Fund Company Profile

(Get Free Report)

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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