BOSTON, Dec. 1, 2021 /PRNewswire/ - The John Hancock
closed-end Preferred Income Fund declared its monthly distribution
today as follows:
Declaration
Date:
|
December 1,
2021
|
Ex
Date:
|
December 10,
2021
|
Record
Date:
|
December 13,
2021
|
Payment
Date:
|
December 20,
2021
|
Ticker
|
Fund
Name
|
Distribution
Per Share
|
Change From
Previous
Distribution
|
Market Price
as
of 11/30/2021
|
Annualized
Current
Distribution Rate
at Market
|
HPI
|
Preferred Income
Fund
|
$0.1235
|
-
|
$20.65
|
7.18%
|
A portion of a Fund's current distribution may include sources
other than net investment income, including a return of capital.
Investors should understand that a return of capital is not a
distribution from income or gains of a Fund. As required under the
Investment Company Act of 1940, a notice with the estimated
components of the distribution will be sent to shareholders at the
time of payment if it does not consist solely of net investment
income. Such notice will also be posted to the Funds' website at
www.jhinvestments.com. The notice should not be used to prepare tax
returns as the estimates indicated in the notice may differ from
the ultimate federal income tax characterization of distributions.
After the end of each calendar year, investors will be sent a Form
1099-DIV informing them how to report distributions received during
that year for federal income tax purposes.
Statements in this press release that are not historical
facts are forward-looking statements as defined by the United States securities laws. You should
exercise caution in interpreting and relying on forward-looking
statements because they are subject to uncertainties and other
factors which are, in some cases, beyond the Fund's control and
could cause actual results to differ materially from those set
forth in the forward-looking statements.
An investor should consider a Fund's investment objectives,
risks, charges and expenses carefully before investing.
About John Hancock Financial and Manulife
Financial
John Hancock is a division of Manulife Financial
Corporation, a leading international financial services group that
helps people achieve their dreams and aspirations by putting
customers' needs first and providing the right advice and
solutions. We operate primarily as John Hancock in the United States and as Manulife elsewhere.
We provide financial advice, insurance, and wealth and asset
management solutions for individuals, groups, and institutions.
Assets under management and administration by Manulife and its
subsidiaries were over CAD$1.4
trillion (US$1.1 trillion) as
of September 30, 2021. Manulife
Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and
under 945 on the SEHK. Manulife can be found at manulife.com.
One of the largest life insurers in the United States, John Hancock supports
approximately 10 million Americans with a broad range of financial
products, including life insurance, annuities, investments, 401(k)
plans, and education savings plans. Additional information about
John Hancock may be found at johnhancock.com.
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SOURCE John Hancock Investment Management