HPI (John Hancock Preferredome Fund) Dividend Payout Ratio : 0.68 (As of Jul. 2024)

View and export this data going back to . Start your Free Trial

What is John Hancock Preferredome Fund Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. John Hancock Preferredome Fund's Dividend Payout Ratio for the months ended in Jul. 2024 was 0.68.

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

HPI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.99 Max: 1.81
Current: 0.63

During the past 8 years, the highest Dividend Payout Ratio of John Hancock Preferredome Fund was 1.81. The lowest was 0.38. And the median was 0.99.

HPI's Dividend Payout Ratio is ranked better than
51.66% of 1022 companies
in the Asset Management industry
Industry Median: 0.675 vs HPI: 0.63

As of today (2024-12-12), the Dividend Yield % of John Hancock Preferredome Fund is 8.36%.

During the past 8 years, the highest Trailing Annual Dividend Yield of John Hancock Preferredome Fund was 12.63%. The lowest was 6.75%. And the median was 7.99%.

John Hancock Preferredome Fund's Dividends per Share for the months ended in Jul. 2024 was $0.70.

During the past 12 months, John Hancock Preferredome Fund's average Dividends Per Share Growth Rate was -2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of John Hancock Preferredome Fund was -0.40% per year. The lowest was -4.10% per year. And the median was -3.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

John Hancock Preferredome Fund Dividend Payout Ratio Historical Data

The historical data trend for John Hancock Preferredome 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 Preferredome Fund Dividend Payout Ratio Chart

John Hancock Preferredome Fund Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.38

0.63

John Hancock Preferredome Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Dividend Payout Ratio	Get a 7-Day Free Trial										-	18.53	-	0.58	0.68

Competitive Comparison of John Hancock Preferredome Fund's Dividend Payout Ratio

For the Asset Management subindustry, John Hancock Preferredome 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 Preferredome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where John Hancock Preferredome Fund's Dividend Payout Ratio falls into.

John Hancock Preferredome Fund Dividend Payout Ratio Calculation

John Hancock Preferredome Fund's Dividend Payout Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2024 )	/	EPS without NRI (A: Jul. 2024 )
	=	1.441	/	2.3
	=	0.63

John Hancock Preferredome Fund's Dividend Payout Ratio for the quarter that ended in Jul. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jul. 2024 )	/	EPS without NRI (Q: Jul. 2024 )
	=	0.7	/	1.03
	=	0.68

John Hancock Preferredome Fund (NYSE:HPI) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Preferredome Fund Dividend Payout Ratio Related Terms

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

John Hancock Preferredome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » John Hancock Preferred Income Fund (NYSE:HPI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Berkeley Street, Boston, MA, USA, 02116

Website

https://www.jhinvestments.com

John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.

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
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
Frances G Rathke	other: Trustee of the Fund	C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Steven R Pruchansky	director	C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Sean Speer	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116
Michael Tassinari	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116