John Hancock Preferred Income Fund III
$14.46
$-0.07 (-0.48%)
Jan 5, 2026
Price History (1Y)
Analysis
The John Hancock Preferred Income Fund III is a company within the Financial Services sector and Asset Management industry. Its market capitalization stands at $464.32 million, but the number of employees is not available. In terms of financial health, the company demonstrates significant profitability with gross margins reaching 100.0%, operating margins at 88.5%, and profit margins at 76.4%. Returns on equity (ROE) and assets (ROA) are reported as 8.5% and 3.8%, respectively. The balance sheet shows a debt-to-equity ratio of 59.79, indicating leverage. The company's valuation context includes a price to earnings ratio of 11.95 based on trailing twelve months data. Revenue growth over the past year has been -2.1%, while earnings growth was -52.2%. The dividend yield is notably high at 908.0%, with a payout ratio of 108.2% indicating that nearly all net income is distributed as dividends.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About John Hancock Preferred Income Fund III
John Hancock Preferred Income Fund III is a closed ended fixed income 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 fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.
Visit website →Key Statistics
- Market Cap
- $464.32M
- P/E Ratio
- 11.95
- 52-Week High
- $15.68
- 52-Week Low
- $13.08
- Avg Volume
- 67.63K
- Beta
- 0.74
- Dividend Yield
- 908.00%
Company Info
- Industry
- Asset Management
- Exchange
- NYQ
- Country
- United States