John Hancock Financial Opportunities Fund (NYSE:BTO) Announces Quarterly Dividend of $0.65

John Hancock Financial Opportunities Fund (NYSE:BTO) announced a quarterly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.65 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Thursday, June 11th.

John Hancock Financial Opportunities Fund Stock Down 1.0%

Shares of BTO stock opened at $36.29 on Tuesday. The firm has a 50 day moving average of $36.39 and a 200-day moving average of $36.05. John Hancock Financial Opportunities Fund has a 52 week low of $32.01 and a 52 week high of $39.85.

About John Hancock Financial Opportunities Fund

John Hancock Financial Opportunities Fund (NYSE: BTO) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. Since its inception in August 2004, the fund has sought to deliver total return through a combination of current income and capital appreciation. As a publicly traded fund, it offers investors access to a diversified portfolio of financial services companies that might otherwise require direct equity investments or specialized mandates.

The fund primarily invests in common stocks, preferred stocks and convertible securities issued by companies in the banking, insurance, brokerage and specialty finance sectors.