John Hancock Financial Opportunities Fund (BTO)

34.80
0.64 1.90
NYSE : Financial
Prev Close 34.16
Open 34.46
Day Low/High 33.92 / 34.85
52 Wk Low/High 26.86 / 37.86
Volume 60.10K
Avg Volume 52.10K
Exchange NYSE
Shares Outstanding 18.64M
Market Cap 631.76M
P/E Ratio 52.97
Div & Yield 0.52 (1.50%)
John Hancock Financial Opportunities Fund (BTO) Shares Cross Below Book Value

John Hancock Financial Opportunities Fund (BTO) Shares Cross Below Book Value

In trading on Monday, shares of John Hancock Financial Opportunities Fund crossed below their last reported book value — defined as common shareholder equity per share — of $23.01, changing hands as low as $22.83 per share. John Hancock Financial Opportunities Fund shares are currently trading down about 1% on the day.

Cash Dividend On The Way From John Hancock Financial Opportunities Fund (BTO)

Cash Dividend On The Way From John Hancock Financial Opportunities Fund (BTO)

Looking at the universe of stocks we cover at Dividend Channel, on 6/11/13, John Hancock Financial Opportunities Fund will trade ex-dividend, for its quarterly dividend of $0.2961, payable on 6/28/13. As a percentage of BTO's recent stock price of $21.20, this dividend works out to approximately 1.40%, so look for shares of John Hancock Financial Opportunities Fund to trade 1.40% lower — all else being equal — when BTO shares open for trading on 6/11/13.

Should You Buy High-Yield Closed-End Funds?

Should You Buy High-Yield Closed-End Funds?

These funds offer managed distributions that can provide income investors with steady cash payouts and can boost fund shares.

ETFs vs. Closed-End Funds for Retirement

Retirement plans can benefit from both ETFs and Closed-End Funds.

Kinross Wraps Dvoinoye Deposit Acquisition

Kinross Gold completes $165 million acquisition of companies with mining rights in Russia