John Hancock Preferred Income Fund III Declares Monthly Dividend
03 June 2004 - 5:09AM
PR Newswire (US)
John Hancock Preferred Income Fund III Declares Monthly Dividend
BOSTON, June 2 /PRNewswire-FirstCall/ -- John Hancock Preferred
Income Fund III (NYSE:HPS) declared its regular monthly dividend as
follows: Declaration Date: June 2, 2004 Ex Date: June 10, 2004
Record Date: June 14, 2004 Payment Date: July 1, 2004 Dividend
Amount: $0.1800 This dividend equates to an annualized yield of
9.61 percent, based on the fund's closing market price as of June
1, 2004. John Hancock Advisers, LLC, a premier investment
management company, managed $30.2 billion in open-end funds,
closed-end funds, private accounts and retirement plans for
individual and institutional investors as of March 31, 2004.
Additional information about John Hancock Advisers can be found on
the website: http://www.jhfunds.com/. John Hancock Advisers is a
wholly owned subsidiary of John Hancock Financial Services, Inc., a
subsidiary of Manulife Financial Corporation. Founded in 1862, John
Hancock Financial Services and its subsidiaries today offer a broad
range of financial products and services, including whole, term,
variable, and universal life insurance, as well as college savings
products, mutual funds, fixed and variable annuities, long-term
care insurance and various forms of business insurance. Manulife
Financial is the fifth largest life insurer in the world, and the
second largest in North America, based on market capitalization as
of April 27, 2004. Manulife Financial is a leading Canadian-based
financial services group serving millions of customers in 19
countries and territories worldwide. Pro forma funds under
management by Manulife Financial and its subsidiaries, including
John Hancock, were US$271.6 billion (Cdn$355.9 billion) as of March
31, 2004. Manulife Financial Corporation trades as 'MFC' on the
TSX, NYSE and PSE, and under '0945' on the SEHK. DATASOURCE: John
Hancock Preferred Income Fund III CONTACT: Kimberley Dietrich,
+1-617-375-0311, or Investor Contact, +1-800-843-0090, both of John
Hancock Advisers, LLC
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