John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $36.71 and traded as low as $35.15. John Hancock Financial Opportunities Fund shares last traded at $35.69, with a volume of 58,414 shares changing hands.
John Hancock Financial Opportunities Fund Stock Performance
The firm’s 50 day moving average price is $36.74 and its 200 day moving average price is $33.26.
John Hancock Financial Opportunities Fund Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date was Thursday, December 12th.
Institutional Inflows and Outflows
John Hancock Financial Opportunities Fund Company Profile
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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