John Hancock Financial Opportunities Fund (John Hancock Financial Opportunities Fund) 5-Year Yield-on-Cost % : 13.76 (As of Apr. 29, 2024)

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What is John Hancock Financial Opportunities Fund 5-Year Yield-on-Cost %?

John Hancock Financial Opportunities Fund's yield on cost for the quarter that ended in Dec. 2023 was 13.76.

The historical rank and industry rank for John Hancock Financial Opportunities Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

BTO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.34 Med: 8.01 Max: 19.81
Current: 13.76

During the past 8 years, John Hancock Financial Opportunities Fund's highest Yield on Cost was 19.81. The lowest was 5.34. And the median was 8.01.

BTO's 5-Year Yield-on-Cost % is ranked better than
89.7% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs BTO: 13.76

Competitive Comparison of John Hancock Financial Opportunities Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, John Hancock Financial Opportunities Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Financial Opportunities Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where John Hancock Financial Opportunities Fund's 5-Year Yield-on-Cost % falls into.

John Hancock Financial Opportunities Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of John Hancock Financial Opportunities Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

John Hancock Financial Opportunities Fund (NYSE:BTO) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

John Hancock Financial Opportunities Fund 5-Year Yield-on-Cost % Related Terms

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John Hancock Financial Opportunities Fund (John Hancock Financial Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » John Hancock Financial Opportunities Fund (NYSE:BTO) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Berkeley Street, Boston, MA, USA, 02116

Website

https://www.jhinvestments.com

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.

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
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
Christopher Pompilio	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116