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John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Dividend Payout Ratio : 0.79 (As of Dec. 2023)


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What is John Hancock Hedged Equity &ome Fund Dividend Payout Ratio?

John Hancock Hedged Equity &ome Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.79.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of John Hancock Hedged Equity & Income Fund is 1.14, which seems too high.

The historical rank and industry rank for John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio or its related term are showing as below:

HEQ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.8   Max: 1.14
Current: 1.14


During the past 7 years, the highest Dividend Payout Ratio of John Hancock Hedged Equity &ome Fund was 1.14. The lowest was 0.61. And the median was 0.80.

HEQ's Dividend Payout Ratio is ranked worse than
69.19% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs HEQ: 1.14

As of today (2024-04-29), the Dividend Yield % of John Hancock Hedged Equity &ome Fund is 10.46%.

During the past 7 years, the highest Trailing Annual Dividend Yield of John Hancock Hedged Equity &ome Fund was 17.21%. The lowest was 8.49%. And the median was 10.45%.

John Hancock Hedged Equity &ome Fund's Dividends per Share for the months ended in Dec. 2023 was $0.50.

During the past 12 months, John Hancock Hedged Equity &ome Fund's average Dividends Per Share Growth Rate was -6.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of John Hancock Hedged Equity &ome Fund was -4.00% per year. The lowest was -8.30% per year. And the median was -7.55% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


John Hancock Hedged Equity &ome Fund Dividend Payout Ratio Historical Data

The historical data trend for John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Hancock Hedged Equity &ome Fund Dividend Payout Ratio Chart

John Hancock Hedged Equity &ome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.80 - 0.81 - 1.14

John Hancock Hedged Equity &ome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.99 - 1.38 1.81 0.79

Competitive Comparison of John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio

For the Asset Management subindustry, John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio falls into.



John Hancock Hedged Equity &ome Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.08/ 0.95
=1.14

John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.5/ 0.63
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


John Hancock Hedged Equity &ome Fund (NYSE:HEQ) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


John Hancock Hedged Equity &ome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Hedged Equity & Income Fund is a closed-end management investment company. Its investment objective is to provide total return with a focus on current income and gains and also consisting of long-term capital appreciation. It invests in various sectors such as financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, short-term investments, and others.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Lucinda M. Marrs officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Jennifer N Berg officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Eunhak Bae officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Gillian M Edgeworth officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Daniel J Pozen officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210

John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Headlines