As of today (2024-04-23), the Trailing Annual Dividend Yield of John Hancock Financial Opportunities Fund is 9.24%.
The historical rank and industry rank for John Hancock Financial Opportunities Fund's Dividend Yield % or its related term are showing as below:
BTO'
s Dividend Yield % Range Over the Past 10 Years
Min: 3.67 Med: 5.49 Max: 13.61
Current: 9.24
During the past 8 years, the highest Dividend Yield of John Hancock Financial Opportunities Fund was 13.61%. The lowest was 3.67%. And the median was 5.49%.
BTO's Dividend Yield % is ranked better than 76.63% of 1215
companies
in the Asset Management industry
Industry Median: 5.67
vs BTO: 9.24
John Hancock Financial Opportunities Fund's Dividend Payout Ratio for the
six
months ended in Dec. 2023 was 0.18.
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 Financial Opportunities Fund is 8.81, which seems too high.
During the past 8 years, the highest Dividend Payout Ratio of John Hancock Financial Opportunities Fund was 8.81. The lowest was 0.14. And the median was 0.23.
As of today (2024-04-23), the Forward Dividend Yield % of John Hancock Financial Opportunities Fund is 9.24%.
John Hancock Financial Opportunities Fund's Dividends per Share for the
six
months ended in Dec. 2023 was $1.30.
During the past 12 months, John Hancock Financial Opportunities Fund's average Dividends Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.80% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of John Hancock Financial Opportunities Fund was 14.10% per year. The lowest was 4.40% per year. And the median was 9.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
John Hancock Financial Opportunities Fund Dividend Yield % Historical Data
The historical data trend for John Hancock Financial Opportunities Fund's Dividend Yield % 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 Financial Opportunities Fund Annual Data
For the Asset Management subindustry, John Hancock Financial Opportunities Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Financial Opportunities Fund Dividend Yield % Distribution
For the Asset Management industry and Financial Services sector, John Hancock Financial Opportunities Fund's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where John Hancock Financial Opportunities Fund's Dividend Yield % falls into.
John Hancock Financial Opportunities Fund Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
John Hancock Financial Opportunities Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.650
2024-03-08
2024-03-11
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.650
2023-12-08
2023-12-11
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.650
2023-09-08
2023-09-11
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.650
2023-06-09
2023-06-12
2023-06-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
John Hancock Financial Opportunities Fund's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
2.6
/
28.1801
=
9.23 %
Current Share Price is $28.1801.
John Hancock Financial Opportunities Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.6.
John Hancock Financial Opportunities Fund's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.6
/
28.1801
=
9.23 %
Current Share Price is $28.1801.
John Hancock Financial Opportunities Fund's Dividends per Share for the forward twelve months is calculated as $0.65 * 4 = $2.6.
* 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 Financial Opportunities Fund (NYSE:BTO) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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 Financial Opportunities Fund Dividend Yield % Related Terms
Thank you for viewing the detailed overview of John Hancock Financial Opportunities Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
John Hancock Financial Opportunities Fund (John Hancock Financial Opportunities Fund) Business Description
John Hancock Financial Opportunities Fund is the United States based closed-end, diversified management investment company. Its investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. The portfolio composition of the fund includes common stock, corporate bonds, preferred securities, investment companies, and short-term investments.
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