John Hancock Preferred Income Fund III (HPS) Dividend Calculator
John Hancock Preferred Income Fund III · how much HPS pays you, by shares or dollars · updated
100 shares of John Hancock Preferred Income Fund III (HPS) pay $132.00 a year in dividends, about $11.00 each month, at the current monthly dividend of $0.11 per share (as of Nov 5, 2026). At the $11.78 share price that is a 11.21% yield, so $10,000 buys about 848.9 shares and pays about $1,121 a year. To get the next payment, buy by Nov 11, 2026.
Per share, a year
$1.32
100 shares, a year
$132.00
$10,000 invested, a year
$1,120.54
Shares for $1,000 a month
9,091
HPS John Hancock Preferred Income Fund III
$11.78 · $1.32/yr dividend · 11.02% yield · monthly
Annual income
$132.00
Monthly (average)
$11.00
Per payment (monthly)
$11.00
Dividend yield
11.21%
Yield on cost
—
Enter your cost
Position value
$1,178
Your payments over the next 12 months
Based on HPS's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 0% a year
Same shares, no reinvestment. Year 10: $132 · 10-year total: $1,320. Add reinvestment in the DRIP calculator →
How many HPS shares for a monthly income
Shares and money needed to earn each monthly amount from John Hancock Preferred Income Fund III dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 910 | $10,720 |
| $250 a month | 2,273 | $26,776 |
| $500 a month | 4,546 | $53,552 |
| $1,000 a month | 9,091 | $107,092 |
| $2,000 a month | 18,182 | $214,184 |
| $5,000 a month | 45,455 | $535,460 |
What 100 shares of HPS paid each year
Holding 100 shares, you would have received $146.40 in 2016 and $132.00 in 2025, down 10%, without buying another share.
When you get the next HPS dividend
Last day to buy
Nov 11, 2026
Ex-dividend date
Nov 12, 2026
Pay date
Nov 26, 2026
Buy HPS by the close on the last day to buy and you are paid $0.11 per share on Nov 26, 2026. Buy on the ex-dividend date or later and the seller gets it. HPS ex-dividend dates →
How the HPS dividend is calculated
Yearly income = shares × $1.32
Each payment = shares × $0.11
Shares for a monthly income = (monthly goal × 12) ÷ $1.32
The rate is John Hancock Preferred Income Fund III's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the HPS dividend safety grade before counting on it.
Key facts: John Hancock Preferred Income Fund III (HPS) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of John Hancock Preferred Income Fund III (HPS) pay $132.00 a year in dividends before tax, about $11.00 each month, at $1.32 per share a year.
- At its Nov 5, 2026 share price of $11.78, HPS yields 11.21%: $10,000 buys about 848.9 shares, which pay about $1,120.54 a year.
- Earning $1,000 a month ($12,000 a year) from HPS dividends alone takes about 9,091 shares, roughly $107,092 at today's price, before tax.
- 100 shares of HPS paid $146.40 in dividends in 2016 and $132.00 in 2025, down 10%.
- The next HPS dividend goes ex-dividend on Nov 12, 2026 and is paid on Nov 26, 2026; the last day to buy shares and receive it is Nov 11, 2026.
Cite this page
SmarterDividends, "John Hancock Preferred Income Fund III (HPS) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/HPS/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of HPS pay?
As of Nov 5, 2026, 100 shares of John Hancock Preferred Income Fund III (HPS) pay $132.00 a year in dividends before tax, about $11.00 each month, at $1.32 per share a year.
How much dividend does 1,000 shares of HPS pay?
About $1,320 a year before tax, or $110.00 each month, at John Hancock Preferred Income Fund III's current rate of $1.32 per share a year. Buying 1,000 shares costs about $11,780 at the Nov 5, 2026 price.
How many shares of HPS do I need to make $1,000 a month?
About 9,091 shares. $1,000 a month is $12,000 a year; divided by $1.32 a share, that's 9,091 shares, or about $107,092 at today's $11.78 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in HPS to make $100 a month?
About $10,709. $100 a month is $1,200 a year, and at a 11.21% yield that takes $10,709, or about 910 shares.
How often does John Hancock Preferred Income Fund III pay dividends?
John Hancock Preferred Income Fund III (HPS) pays every month, so you get 12 payments a year of about $0.11 per share each.
How is the HPS dividend calculated?
Multiply your shares by the dividend per share. John Hancock Preferred Income Fund III pays about $1.32 per share a year, so each share earns $1.32 a year and $0.11 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are HPS dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to HPS