HPS Stock Price, Chart, Stats & News
John Hancock Preferred Income Fund III (HPS) is a dividend-paying stock with a current dividend yield of 9.17% as of Jul 21, 2026. It pays $1.32 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a 0.00% 5-year compound annual rate.
Dividend safety
HPS pays out about 112% of earnings, leaving little safety margin.
HPS chart
Fundamentals
Gross margin | 87.72% |
Operating margin | 115.96% |
Pretax margin | 84.07% |
Net margin | 84.07% |
Effective tax rate | – |
ROA | 5.30% |
ROE | 8.43% |
D/E | 0.60x |
Interest coverage ratio | – |
HPS valuation
P/E | 12.24x |
P/S | 9.65x |
P/B | 0.98x |
P/CF | 12.93x |
P/FCF | 12.91x |
P/OCF | 12.93x |
PEG | -0.41x |
EV multiple | 3.22x |
About
The John Hancock Preferred Income Fund III (HPS) functions as a closed-end investment vehicle, primarily focused on fixed-income securities. Its overall management falls under John Hancock Investment Management LLC, with additional co-management provided by John Hancock Asset Management. The fund strategically allocates capital within the United States' fixed-income markets, aiming to acquire debt instruments from companies operating across a diverse array of sectors.
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