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John Hancock Preferred Income Fund III Preferred Income Fund III (HPS)

$14.37

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Key data on HPS

AUM

$458749101

P/E ratio

6.5

Dividend yield

8.4793%

Expense ratio

1.81%

Beta

0.739289

Price on HPS

Previous close

$14.45

Today's open

$14.40

Day's range

$14.36 - $14.45

52 week range

$13.08 - $15.68

Profile about HPS

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Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

HPS industries and sectors

Asset Allocations

News on HPS

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , Dec. 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         December 1, 2025 Ex Date:                       December 11, 2025 Record Date:                 December 11, 2025 Payment Date:             December 31, 2025 Ticker Fund Name DistributionPer Share  Change FromPrevious Distribution Market Price asof 11/28/2025 Annualized CurrentDistribution Rate atMarket HPF Preferred Income Fund II $0.1235 - $16.43 9.02 % HPS Preferred Income Fund III $0.1100 - $14.98 8.81 % PDT Premium Dividend Fund $0.0825 - $13.12 7.55 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $24.92 7.61 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

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PRNewsWire • Dec 1, 2025

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JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

BOSTON , Nov. 10, 2025 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended October 31, 2025. The same data for the comparable three-month period ended October 31, 2024 is also available below.

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PRNewsWire • Nov 10, 2025

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The Fed Is Juicing These 3 Massive Monthly Dividends

The Fed is cutting, and that's bullish for preferred stocks and their big payouts. Let's look at a trio yielding up to 9.8% (paying monthly dividends) that will benefit from every ease from Mr.

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Forbes • Nov 1, 2025

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JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS

BOSTON, MA , Oct. 30, 2025 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Divided Income Fund (NYSE: HTD), and John Hancock Income Securities Trust (NYSE: JHS). Each Fund is advised by the Adviser and subadvised by Manulife Investment Management (US) LLC (the "Subadviser").

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PRNewsWire • Oct 30, 2025

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Hammond Power Solutions Inc. (HPS.A:CA) Q3 2025 Earnings Call Transcript

Hammond Power Solutions Inc. (TSX:HPS.A:CA ) Q3 2025 Earnings Call October 24, 2025 9:00 AM EDT Company Participants Adrian Thomas - CEO & Director Richard Vollering - CFO & Corporate Secretary Conference Call Participants Matthew Lee - Canaccord Genuity Corp., Research Division Baltej Sidhu - National Bank Financial, Inc., Research Division Nicholas Boychuk - Cormark Securities Inc., Research Division Jim Byrne - Acumen Capital Finance Partners Limited, Research Division Presentation Operator Good morning, ladies and gentlemen. Welcome to Hammond Power Solutions Third Quarter 2025 Financial Results Conference Call.

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Seeking Alpha • Oct 24, 2025

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HPS: Strong Historical Performance, Good Positioning, And Overpriced

John Hancock Preferred Income Fund III offers a high 8.59% yield by blending preferred stocks (56%) and corporate bonds (40%) in its portfolio. HPS has outperformed fixed-income indices and peers over the past decade, aided by its bond allocation and consistent distribution since 2019. The fund's recent performance is solid, but its premium to net asset value (6.31%) is above historical averages, making shares expensive now.

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Seeking Alpha • Oct 23, 2025

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JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES

BOSTON , Sept. 25, 2025 /PRNewswire/ - The nine John Hancock closed-end funds listed below announced today that each fund's Annual Meeting of Shareholders ("Annual Meeting") will be held on February 17, 2026, at 2:00 p.m.

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PRNewsWire • Sep 25, 2025

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HPS: Valuation Has Become More Attractive (Rating Upgrade)

I am upgrading HPS to a buy due to its attractive valuation and resilience amid challenging market conditions. HPS offers a compelling 9.1% yield and monthly payouts, making it appealing for income-focused investors despite recent price declines. Risks remain from high leverage, sector concentration, and potential defaults if interest rates stay elevated, but current pricing compensates for these risks.

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Seeking Alpha • Aug 4, 2025

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Hammond Power Solutions Inc. (HMDPF) Q2 2025 Earnings Call Transcript

Hammond Power Solutions Inc. (OTCPK:HMDPF) Q2 2025 Earnings Conference Call July 25, 2025 9:00 AM ET Company Participants Adrian Thomas - CEO & Director Richard C. Vollering - CFO & Corporate Secretary Conference Call Participants Baltej Sidhu - National Bank Financial, Inc., Research Division Jim Byrne - Acumen Capital Finance Partners Limited, Research Division Matthew James Lee - Canaccord Genuity Corp., Research Division Nicholas Boychuk - Cormark Securities Inc., Research Division Operator Good morning, ladies and gentlemen.

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Seeking Alpha • Jul 25, 2025

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Keep Your Retirement Fresh And Stress-Free With Preferred Dividends; Yields +7.5%

Preferred securities and baby bonds enable steady, lower-risk income. The fixed-income asset class is currently deeply discounted due to elevated interest rates, but the tide is expected to turn soon. We discuss two picks with up to 9% yields, paying you to wait for the rate policy shift.

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Seeking Alpha • Jul 25, 2025

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