John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) declared a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.65 per share by the financial services provider on Monday, March 31st. This represents a $2.60 annualized dividend and a dividend yield of 7.62%. The ex-dividend date of this dividend is Thursday, March 13th.
John Hancock Financial Opportunities Fund has increased its dividend by an average of 5.7% per year over the last three years.
John Hancock Financial Opportunities Fund Stock Down 2.5 %
BTO opened at $34.11 on Wednesday. The company has a fifty day moving average of $36.33 and a 200 day moving average of $35.33. John Hancock Financial Opportunities Fund has a fifty-two week low of $26.11 and a fifty-two week high of $39.87.
About John Hancock Financial Opportunities Fund
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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