HPI (John Hancock Preferredome Fund) Dividend Yield %: 9.24% (As of Jun. 26, 2026) — 12% Above Median


HPI John Hancock Preferred Income Fund HPI
31 GF Score
Price $16.09
! 6 Warning Signs
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What is John Hancock Preferredome Fund Dividend Yield %?

John Hancock Preferredome Fund HPI +0.56% 31 Dividend Yield % is 9.24% as of Jun. 26, 2026, which is 12% above its 10-year median of 8.26. GuruFocus rates HPI with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 1,111 Asset Management companies, John Hancock Preferredome Fund ranks better than 76.78% on this metric.

As of today (2026-06-26), the Trailing Annual Dividend Yield of John Hancock Preferredome Fund is 9.24%.

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

HPI' s Dividend Yield % Range Over the Past 10 Years
Min: 6.75   Med: 8.26   Max: 12.63
Current: 9.24

During the past 9 years, the highest Dividend Yield of John Hancock Preferredome Fund was 12.63%. The lowest was 6.75%. And the median was 8.26%.

HPI's Dividend Yield % is ranked better than
76.78% of 1111 companies
in the Asset Management industry
Industry Median: 6.06 vs HPI: 9.24

John Hancock Preferredome Fund's Dividend Payout Ratio for the six months ended in Jan. 2026 was 0.90.

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 Preferred Income Fund is 1.15, which seems too high.

During the past 9 years, the highest Dividend Payout Ratio of John Hancock Preferredome Fund was 1.81. The lowest was 0.38. And the median was 1.04.

As of today (2026-06-26), the Forward Dividend Yield % of John Hancock Preferredome Fund is 9.24%.

John Hancock Preferredome Fund's Dividends per Share for the six months ended in Jan. 2026 was $0.74.

During the past 12 months, John Hancock Preferredome Fund's average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.40% 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  (NYSE:HPI) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

John Hancock Preferredome Fund Dividend Yield % Related Terms

John Hancock Preferredome Fund Dividend Yield % Historical Data

* Premium members only.

The historical data trend for John Hancock Preferredome 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.

John Hancock Preferredome Fund Dividend Yield % Chart

John Hancock Preferredome Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 6.85 7.94 9.38 8.23 9.23

John Hancock Preferredome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.25 8.23 8.31 9.23 9.14

HPI vs ISD, GLAD, FINS: Dividend Yield % Comparison

For the Asset Management subindustry, John Hancock Preferredome 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 Preferredome Fund Dividend Yield % vs Asset Management Industry

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

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


HPI
31GF Score
John Hancock Preferred Income Fund HPI
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund Dividend Yield % Calculation

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

John Hancock Preferredome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1235002026-06-112026-06-112026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-05-112026-05-112026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-04-132026-04-132026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-03-122026-03-122026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002026-02-122026-02-122026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-12-292025-12-292026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-12-112025-12-112025-12-18Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-11-132025-11-132025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-10-142025-10-142025-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-09-122025-09-122025-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-08-112025-08-112025-08-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1235002025-07-112025-07-112025-07-31Cash DividendmonthlyUSD: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 Preferredome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.482/16.09
=9.21 %

Current Share Price is $16.09.
John Hancock Preferredome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.482.

John Hancock Preferredome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.482/16.09
=9.21 %

Current Share Price is $16.09.
John Hancock Preferredome Fund's Dividends per Share for the forward twelve months is calculated as $0.1235 * 12 = $1.482.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 9.24% mean?
John Hancock Preferredome Fund (HPI) has a Dividend Yield % of 9.24% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on John Hancock Preferredome Fund and its competitors. This is 12% above median its historical median of 8.26. Over the past decade, John Hancock Preferredome Fund's Dividend Yield % has ranged from 6.75 to 12.63. According to the industry distribution chart, John Hancock Preferredome Fund ranks #258 out of 1111 companies in the Asset Management industry, placing it in the top 23.2%.
Is John Hancock Preferredome Fund's Dividend Yield % too high?
John Hancock Preferredome Fund's current Dividend Yield % of 9.24% is 12% above median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 6.75 to a high of 12.63. The Asset Management industry median Dividend Yield % is 6.06. John Hancock Preferredome Fund's value of 9.24% is 52.5% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund ranks #258 out of 1111 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, John Hancock Preferredome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Dividend Yield % compare to ISD and GLAD?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund ranks #258 out of 1111 companies for Dividend Yield %. This places John Hancock Preferredome Fund in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 6.06. John Hancock Preferredome Fund's value of 9.24% is 52.5% above this benchmark. Historically, John Hancock Preferredome Fund's own Dividend Yield % has ranged from 6.75 to 12.63 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 6.06, John Hancock Preferredome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.06, based on 1,111 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Preferredome Fund's current Dividend Yield % of 9.24% is 52.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on John Hancock Preferredome Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund's current Dividend Yield % is 9.24%, which is 12% above median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Dividend Yield % of 9.24%. The current Dividend Yield % is 9.24%, which is 12% above median its 10-year median of 8.26 and 52.5% above the Asset Management industry median of 6.06. John Hancock Preferredome Fund's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current Dividend Yield % is 9.24% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
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.
31GF Score

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$16.09
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