John Hancock Diversified Income Fund
HEQFinancial Services · Stock · quarterly payer
$11.75
Add to PortfolioForward Yield
8.51%
Annual Dividend
$1.00
Payout Ratio
64%
5-Yr Growth
-5.6%
Ex-Date
Jun 11, 2026
Frequency
Quarterly
HEQ Dividend Safety Score
57/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage64% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is HEQ a good dividend stock?
MixedJohn Hancock Diversified Income Fund (HEQ) pays a quarterly dividend yielding 8.51% ($1.00/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.51%
- Payout Ratio
- 64%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $142.1M
- P/E Ratio
- 7.5
- 5-Yr Total Return
- -12%
- 52-Week Range
- $10.36 – $11.92
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 12, 2026 | — | $0.2500 | regular |
| Dec 11, 2025 | — | $0.2500 | regular |
| Sep 12, 2025 | — | $0.2500 | regular |
| Jun 12, 2025 | — | $0.2500 | regular |
| Mar 13, 2025 | — | $0.2500 | regular |
| Dec 12, 2024 | — | $0.2500 | regular |
| Sep 13, 2024 | — | $0.2500 | regular |
| Jun 13, 2024 | — | $0.2500 | regular |
| Mar 8, 2024 | — | $0.2500 | regular |
| Dec 8, 2023 | — | $0.2500 | regular |
| Sep 8, 2023 | — | $0.2500 | regular |
| Jun 9, 2023 | — | $0.2900 | regular |
| Mar 10, 2023 | — | $0.2900 | regular |
| Dec 9, 2022 | — | $0.2900 | regular |
Income Calculator
At $1.00 / yr per share
Per payment (quarterly)$25.00
Annual$100.00
Monthly avg$8.33
