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John Hancock Preferred Income Fund HPS · Stock Open John Hancock Preferred Income Fund in new tab

11.78 USD
P/E
21.42
EPS
0.55
Yield
10.63%
Safety Score
15
P/B
0.87
ROE
3.96
Beta
0.69
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Key Metrics
P/E21.42
EPS0.55
Book Value13.52
Price to Book0.87
Debt/Equity62.95
% Insiders0.044%
Growth
Revenue Growth-0.05%
Earnings Growth-0.05%
Dividend
Dividend Yield10.63%
Annual dividends1.32 USD
Ex-Div. DateOct. 13, 2026
Payout107.94%
5y avg Yield8.68%

DCF valuation

Model fair value for John Hancock Preferred Income Fund (HPS)
Result
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Assumptions
Growth– Capex– Tax– Terminal g– Cost of equity– Cost of debt–

John Hancock Preferred Income Fund Logo John Hancock Preferred Income Fund Analysis (HPS)

United States Financials Official Website Stock

Is John Hancock Preferred Income Fund a good investment? John Hancock Preferred Income Fund (HPS) is currently trading at 11.78 USD.

In terms of valuation, the stock trades at a P/E ratio of 21.42. This valuation is generally in line with the broader market.

For income investors, John Hancock Preferred Income Fund pays a dividend yield of 10.63%. With a payout ratio of 108%, the dividend appears to be under pressure.

Investor FAQ

Does John Hancock Preferred Income Fund pay a dividend?

Yes, it pays an annual dividend of 1.32 USD (10.63% yield).

What asset class is John Hancock Preferred Income Fund?

John Hancock Preferred Income Fund is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

Company Profile

John Hancock Preferred Income Fund III is a closed ended fixed income 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 fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.

Exchange Ticker
NYQ (United States) HPS
Trades
Dividend Yield
10.63%
5y avg 8.68%
Annual Dividends
1.32USD
Next Ex. Div Date
Oct. 13, 2026
Payout Ratio
107.94%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
▸2027
0.99 USD
Sept. 30, 2027 (estimated) 0.1100
Aug. 31, 2027 (estimated) 0.1100
July 30, 2027 (estimated) 0.1100
June 30, 2027 (estimated) 0.1100
May 31, 2027 (estimated) 0.1100
April 30, 2027 (estimated) 0.1100
March 31, 2027 (estimated) 0.1100
Feb. 26, 2027 (estimated) 0.1100
Jan. 29, 2027 (estimated) 0.1100
▸2026
1.32 USD
Dec. 31, 2026 (estimated) 0.1100
Nov. 30, 2026 (estimated) 0.1100
Oct. 30, 2026 0.1100
Sept. 30, 2026 0.1100
Aug. 31, 2026 0.1100
July 31, 2026 0.1100
June 30, 2026 0.1100
May 29, 2026 0.1100
April 30, 2026 0.1100
March 31, 2026 0.1100
Feb. 27, 2026 0.1100
Jan. 30, 2026 0.1100
▸2025
1.32 USD
Dec. 31, 2025 0.1100
Nov. 28, 2025 0.1100
Oct. 31, 2025 0.1100
Sept. 30, 2025 0.1100
Aug. 29, 2025 0.1100
July 31, 2025 0.1100
June 30, 2025 0.1100
May 30, 2025 0.1100
April 30, 2025 0.1100
March 31, 2025 0.1100
Feb. 28, 2025 0.1100
Jan. 31, 2025 0.1100
▸2024
1.32 USD
Dec. 31, 2024 0.1100
Nov. 29, 2024 0.1100
Oct. 31, 2024 0.1100
Sept. 30, 2024 0.1100
Aug. 30, 2024 0.1100
July 31, 2024 0.1100
June 28, 2024 0.1100
May 31, 2024 0.1100
April 30, 2024 0.1100
March 28, 2024 0.1100
Feb. 29, 2024 0.1100
Jan. 31, 2024 0.1100
▸2023
1.32 USD
Dec. 29, 2023 0.1100
Nov. 30, 2023 0.1100
Oct. 31, 2023 0.1100
Sept. 29, 2023 0.1100
Aug. 31, 2023 0.1100
July 31, 2023 0.1100
June 30, 2023 0.1100
May 31, 2023 0.1100
April 28, 2023 0.1100
March 31, 2023 0.1100
Feb. 28, 2023 0.1100
Jan. 31, 2023 0.1100
▸2022
1.32 USD
Dec. 30, 2022 0.1100
Nov. 30, 2022 0.1100
Oct. 31, 2022 0.1100
Sept. 30, 2022 0.1100
Aug. 31, 2022 0.1100
July 29, 2022 0.1100
June 30, 2022 0.1100
May 31, 2022 0.1100
April 29, 2022 0.1100
March 31, 2022 0.1100
Feb. 28, 2022 0.1100
Jan. 31, 2022 0.1100
▸2021
1.32 USD
Dec. 31, 2021 0.1100
Nov. 30, 2021 0.1100
Oct. 29, 2021 0.1100
Sept. 30, 2021 0.1100
Aug. 31, 2021 0.1100
July 30, 2021 0.1100
June 30, 2021 0.1100
May 28, 2021 0.1100
April 30, 2021 0.1100
March 31, 2021 0.1100
Feb. 26, 2021 0.1100
Jan. 29, 2021 0.1100
▸2020
1.32 USD
Dec. 31, 2020 0.1100
Nov. 30, 2020 0.1100
Oct. 30, 2020 0.1100
Sept. 30, 2020 0.1100
Aug. 31, 2020 0.1100
July 31, 2020 0.1100
June 30, 2020 0.1100
May 29, 2020 0.1100
April 30, 2020 0.1100
March 31, 2020 0.1100
Feb. 28, 2020 0.1100
Jan. 31, 2020 0.1100
▸2019
1.43 USD
Dec. 31, 2019 0.1100
Nov. 29, 2019 0.1100
Oct. 31, 2019 0.1100
Sept. 30, 2019 0.1222
Aug. 30, 2019 0.1222
July 31, 2019 0.1222
June 28, 2019 0.1222
May 31, 2019 0.1222
April 30, 2019 0.1222
March 29, 2019 0.1222
Feb. 28, 2019 0.1222
Jan. 31, 2019 0.1222
▸2018
1.47 USD
Dec. 31, 2018 0.1222
Nov. 30, 2018 0.1222
Oct. 31, 2018 0.1222
Sept. 28, 2018 0.1222
Aug. 31, 2018 0.1222
July 31, 2018 0.1222
June 29, 2018 0.1222
May 31, 2018 0.1222
April 30, 2018 0.1222
March 29, 2018 0.1222
Feb. 28, 2018 0.1222
Jan. 31, 2018 0.1222
▸2017
1.47 USD
Dec. 29, 2017 0.1222
Nov. 30, 2017 0.1222
Oct. 31, 2017 0.1222
Sept. 29, 2017 0.1222
Aug. 31, 2017 0.1222
July 31, 2017 0.1222
June 30, 2017 0.1222
May 31, 2017 0.1222
April 28, 2017 0.1222
March 31, 2017 0.1222
Feb. 28, 2017 0.1222
Jan. 31, 2017 0.1222
▸2016
1.47 USD
Dec. 30, 2016 0.1222
Nov. 30, 2016 0.1222
Oct. 31, 2016 0.1222
Sept. 30, 2016 0.1222
Aug. 31, 2016 0.1222
July 29, 2016 0.1222
June 30, 2016 0.1222
May 31, 2016 0.1222
April 29, 2016 0.1222
March 31, 2016 0.1222
Feb. 29, 2016 0.1222
Jan. 29, 2016 0.1222
▸2015
1.34 USD
Dec. 31, 2015 0.1222
Nov. 30, 2015 0.1222
Oct. 30, 2015 0.1222
Sept. 30, 2015 0.1222
Aug. 31, 2015 0.1222
July 31, 2015 0.1222
June 30, 2015 0.1222
May 29, 2015 0.1222
April 30, 2015 0.1222
March 31, 2015 0.1222
Feb. 27, 2015 0.1222
▸2014
1.47 USD
Dec. 24, 2014 0.1220
Dec. 9, 2014 0.1220
Nov. 28, 2014 0.1222
Oct. 31, 2014 0.1222
Sept. 30, 2014 0.1222
Aug. 29, 2014 0.1222
July 31, 2014 0.1222
June 30, 2014 0.1222
May 30, 2014 0.1222
April 30, 2014 0.1222
March 31, 2014 0.1222
Feb. 28, 2014 0.1222
▸2013
1.59 USD
Dec. 26, 2013 0.1220
Dec. 10, 2013 0.1220
Nov. 29, 2013 0.1222
Oct. 31, 2013 0.1222
Sept. 30, 2013 0.1222
Aug. 30, 2013 0.1222
July 31, 2013 0.1222
June 28, 2013 0.1222
May 31, 2013 0.1222
April 30, 2013 0.1222
March 28, 2013 0.1222
Feb. 28, 2013 0.1222
Jan. 31, 2013 0.1222
▸2012
1.44 USD
Dec. 20, 2012 0.1222
Nov. 30, 2012 0.1222
Oct. 31, 2012 0.1222
Sept. 28, 2012 0.1222
Aug. 31, 2012 0.1222
July 31, 2012 0.1222
June 29, 2012 0.1222
May 31, 2012 0.1222
April 30, 2012 0.1222
March 30, 2012 0.1122
Feb. 29, 2012 0.1122
Jan. 31, 2012 0.1122
▸2011
1.35 USD
Dec. 19, 2011 0.1122
Nov. 30, 2011 0.1122
Oct. 31, 2011 0.1122
Sept. 30, 2011 0.1122
Aug. 31, 2011 0.1122
July 29, 2011 0.1122
June 30, 2011 0.1122
May 31, 2011 0.1122
April 29, 2011 0.1122
March 31, 2011 0.1122
Feb. 28, 2011 0.1122
Jan. 31, 2011 0.1122
▸2010
1.35 USD
Dec. 31, 2010 0.1122
Nov. 30, 2010 0.1122
Oct. 29, 2010 0.1122
Sept. 30, 2010 0.1122
Aug. 31, 2010 0.1122
July 30, 2010 0.1122
June 30, 2010 0.1122
May 28, 2010 0.1122
April 30, 2010 0.1122
March 31, 2010 0.1122
Feb. 26, 2010 0.1122
Jan. 29, 2010 0.1122
▸2009
1.39 USD
Dec. 31, 2009 0.1122
Nov. 30, 2009 0.1122
Oct. 30, 2009 0.1122
Sept. 30, 2009 0.1122
Aug. 31, 2009 0.1122
July 31, 2009 0.1122
June 30, 2009 0.1122
May 29, 2009 0.1122
April 30, 2009 0.1122
March 31, 2009 0.1122
Feb. 27, 2009 0.1320
Jan. 30, 2009 0.1320
▸2008
1.58 USD
Dec. 31, 2008 0.1320
Nov. 28, 2008 0.1320
Oct. 31, 2008 0.1320
Sept. 30, 2008 0.1320
Aug. 29, 2008 0.1320
July 31, 2008 0.1320
June 30, 2008 0.1320
May 30, 2008 0.1320
April 30, 2008 0.1320
March 31, 2008 0.1320
Feb. 29, 2008 0.1320
Jan. 31, 2008 0.1320
▸2007
1.78 USD
Dec. 31, 2007 0.3300
Nov. 30, 2007 0.1320
Oct. 31, 2007 0.1320
Sept. 28, 2007 0.1320
Aug. 31, 2007 0.1320
July 31, 2007 0.1320
June 29, 2007 0.1320
May 31, 2007 0.1320
April 30, 2007 0.1320
March 30, 2007 0.1320
Feb. 28, 2007 0.1320
Jan. 31, 2007 0.1320
▸2006
1.66 USD
Dec. 29, 2006 0.2040
Nov. 30, 2006 0.1320
Oct. 31, 2006 0.1320
Sept. 29, 2006 0.1320
Aug. 31, 2006 0.1320
July 31, 2006 0.1320
June 30, 2006 0.1320
June 2, 2006 0.1320
April 28, 2006 0.1320
March 31, 2006 0.1320
Feb. 28, 2006 0.1320
Jan. 31, 2006 0.1320
▸2005
1.83 USD
Dec. 30, 2005 0.1480
Nov. 30, 2005 0.1480
Oct. 31, 2005 0.1480
Sept. 30, 2005 0.1480
Aug. 31, 2005 0.1480
July 29, 2005 0.1480
June 30, 2005 0.1480
June 2, 2005 0.1590
May 2, 2005 0.1590
April 1, 2005 0.1590
March 1, 2005 0.1590
Feb. 1, 2005 0.1590
▸2004
2.14 USD
Dec. 31, 2004 0.1590
Dec. 1, 2004 0.1800
Nov. 1, 2004 0.1800
Oct. 1, 2004 0.1800
Sept. 1, 2004 0.1800
Aug. 2, 2004 0.1800
July 1, 2004 0.1800
June 1, 2004 0.1800
May 3, 2004 0.1800
April 1, 2004 0.1800
March 1, 2004 0.1800
Feb. 2, 2004 0.1800
▸2003
0.90 USD
Dec. 31, 2003 0.1800
Dec. 1, 2003 0.1800
Nov. 3, 2003 0.1800
Oct. 1, 2003 0.1800
Sept. 2, 2003 0.1800
Upcoming Dividends
Name Payment Date Status Amount
John Hancock Preferred Income Fund Oct 30, 2026 Upcoming 0.11 USD
John Hancock Preferred Income Fund Sep 30, 2026 0.11 USD
John Hancock Preferred Income Fund Aug 31, 2026 0.11 USD
John Hancock Preferred Income Fund Jul 31, 2026 0.11 USD
John Hancock Preferred Income Fund Jun 30, 2026 0.11 USD
John Hancock Preferred Income Fund May 29, 2026 0.11 USD
John Hancock Preferred Income Fund Apr 30, 2026 0.11 USD
John Hancock Preferred Income Fund Mar 31, 2026 0.11 USD
John Hancock Preferred Income Fund Feb 27, 2026 0.11 USD
John Hancock Preferred Income Fund Jan 30, 2026 0.11 USD
John Hancock Preferred Income Fund Dec 31, 2025 0.11 USD
John Hancock Preferred Income Fund Nov 28, 2025 0.11 USD
John Hancock Preferred Income Fund Oct 31, 2025 0.11 USD
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