HPS is John Hancock Preferred Income Fund III (Financial Services). Trading at $13.68. Current dividend yield: 9.51%.
Dividend snapshot
| Annual dividend rate | $1.32 |
| Current yield | 9.51% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 14, 2026(in 11 days) |
| Most recent payment date | Aug 31, 2026 |
| Last payment amount | $0.1100 |
| 5-year dividend CAGR | 0.00% |
| 3-year dividend CAGR | 0.00% |
| Payout ratio | 113% |
| Market cap | $441M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-09-11 | $0.1100 |
| 2026-08-13 | $0.1100 |
| 2026-07-13 | $0.1100 |
| 2026-06-11 | $0.1100 |
| 2026-05-11 | $0.1100 |
| 2026-04-13 | $0.1100 |
| 2026-03-12 | $0.1100 |
| 2026-02-12 | $0.1100 |
About HPS
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its 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 the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
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Frequently asked
What is HPS's dividend yield?
HPS (John Hancock Preferred Income Fund III) currently has a dividend yield of 9.51%, which works out to about $1.32 in annual dividend payments per share.
When is HPS's next ex-dividend date?
HPS's next ex-dividend date is Sep 14, 2026 (in 11 days). To receive the upcoming dividend, you must own shares before this date.
When did HPS last pay a dividend?
HPS's most recent dividend payment date was Aug 31, 2026.
How often does HPS pay dividends?
HPS pays dividends on a monthly schedule.
How fast is HPS growing its dividend?
HPS has been holding its dividend flat at a 0.00% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track HPS in DiviDrip
Add HPS to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search HPS and add your shares.
- View the HPS Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like HPS.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.