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John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) 3-Year Dividend Growth Rate : -6.80% (As of Dec. 2023)


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What is John Hancock Hedged Equity &ome Fund 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for John Hancock Hedged Equity &ome Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

HEQ' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.3   Med: -7.55   Max: -4
Current: -6.8

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.

HEQ's 3-Year Dividend Growth Rate is ranked worse than
78% of 868 companies
in the Asset Management industry
Industry Median: 1.7 vs HEQ: -6.80

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

John Hancock Hedged Equity &ome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.79. As of today, John Hancock Hedged Equity &ome Fund's Dividend Yield % is 10.46%.

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.

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


Competitive Comparison of John Hancock Hedged Equity &ome Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, John Hancock Hedged Equity &ome Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Hedged Equity &ome Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where John Hancock Hedged Equity &ome Fund's 3-Year Dividend Growth Rate falls into.



John Hancock Hedged Equity &ome Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


John Hancock Hedged Equity &ome Fund  (NYSE:HEQ) 3-Year Dividend Growth Rate Explanation

1. 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 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

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.

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.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

John Hancock Hedged Equity &ome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-082024-03-112024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-12-082023-12-112023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-09-082023-09-112023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-06-092023-06-122023-06-30Cash DividendquarterlyUSD: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 Hedged Equity &ome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.04/9.94
=10.46 %

Current Share Price is $9.94.
John Hancock Hedged Equity &ome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.04.

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

* 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 3-Year Dividend Growth Rate Related Terms>


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

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