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Stock impact report

JOHN HANCOCK CLOSED-END FUND PREFERRED INCOME FUND DECLARES MONTHLY DISTRIBUTION

John Hancock Preferred Income Fund Common Shares of Beneficial Interest (HPI) 
Company Research Source: PR Newswire
BOSTON, Dec. 20, 2024 /PRNewswire/ - The John Hancock closed-end Preferred Income Fund declared its monthly distribution today as follows:Declaration Date:December 20, 2024Ex Date:December 30, 2024Record Date:December 30, 2024Payment Date:January 31, 2025 TickerFund NameDistribution Per Share Change From Previous DistributionMarket Price as of 12/19/2024Annualized Current Distribution Rate at MarketHPIPreferred Income Fund$0.1235-$16.439.02 %The Fund listed above has accelerated the declaration, ex-date, and record date of the regularly scheduled January 2025 distribution in order for the Fund to meet its 2024 distribution requirement for federal excise tax purposes. In February 2025, the above Fund expects to resume its regular monthly declaration, distribution and payment schedule.A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution fr Show less Read more
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