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

John Hancock Financial Opportunities Fund (NYSE:BTO) declared a quarterly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be paid a dividend of 0.65 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Friday, September 11th.

John Hancock Financial Opportunities Fund Stock Performance

BTO stock opened at $38.90 on Wednesday. The business has a fifty day simple moving average of $40.03 and a 200-day simple moving average of $37.70. John Hancock Financial Opportunities Fund has a 52 week low of $32.01 and a 52 week high of $42.00.

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.