Home › Calculator › HPS Dividend Calculator 2026
HPS Dividend DRIP Calculator 2026
9.02% YieldFinancial ServicesJohn Hancock Preferred Income Fund III · NYSE
Price: $14.64 · Annual div: $1.32/share · Frequency: quarterly · Payout ratio: 50% · Ex-div: TBD
Calculator settings
Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
💡 What-if scenarios
Click to apply scenario to the calculator
🎯 When HPS pays your bills
Year your monthly dividend income covers each expense (based on current settings)
Share your HPS snowball 📈
$10,000 in HPS → $11.12M in 10 years · $57.16/month
About John Hancock Preferred Income Fund III (HPS) — Dividend Analysis 2026
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. A significant portion of its portfolio is dedicated to preferred securities and other fixed-income instruments that possess an investment-grade credit rating or higher from either Moody's or Standard & Poor's. To assess its performance, the fund measures itself against both the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index. This U.S.-domiciled fund was originally established on June 19, 2003.
Compare HPS with similar stocks
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
Get Your Full HPS DRIP Report by Email
We'll send you a full breakdown of your projections, DRIP tips, and how to enable dividend reinvestment with your broker.
Free forever. No spam. Unsubscribe anytime. · Privacy Policy
Ready to invest? Open HPS position with:
🌍 HPS Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HPS.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 9.02% | 6.22% | $902 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 7.67% | 4.87% | $767 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 7.22% | 4.42% | $722 / yr |
| 🇬🇧 UK ISA | 0% | 9.02% | 6.22% | $902 / yr |
| 🇬🇧 UK Taxable | 8.75% | 8.23% | 5.43% | $823 / yr |
| 🇨🇦 TFSA | 0% | 9.02% | 6.22% | $902 / yr |
| 🇨🇦 CA Taxable | 25% | 6.76% | 3.96% | $677 / yr |
| 🇦🇺 Super (pension) | 15% | 7.67% | 4.87% | $767 / yr |
| 🇦🇺 AU Taxable | 30% | 6.31% | 3.51% | $631 / yr |
| 🇩🇪 DE Taxable | 26.375% | 6.64% | 3.84% | $664 / yr |
| 🇫🇷 FR Taxable | 30% | 6.31% | 3.51% | $631 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 HPS Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $1.32/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HPS Dividend Payment Schedule
HPS pays quarterly — 4 times per year. Next ex-div: TBD.
📊 HPS vs Financial Services Benchmarks
How HPS compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HPS sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HPS Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| Buy | 2026-05-06 | 0.902 | $14.84 | $13.00 | ||
| Buy | 2026-05-06 | 791 | $14.83 | $11.7K | ||
| Buy | 2026-05-06 | 17 | $14.83 | $252.00 | ||
| Buy | 2026-01-26 | 682.662 | $14.65 | $10.0K | ||
| Buy | 2025-04-08 | 794 | $13.79 | $10.9K | ||
| Buy | 2025-01-14 | 706 | $14.25 | $10.1K | ||
| Buy | 2024-12-23 | 740 | $15.26 | $11.3K |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Financial Health Scores
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the HPS dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
John Hancock Preferred Income Fund III (HPS) is currently trading at $14.64, 26% below its 52-week high. The current dividend yield is 9.02% based on an annual payout of $1.32 per share.
HPS (John Hancock Preferred Income Fund III) — 9.02% Dividend Yield Analysis
John Hancock Preferred Income Fund III (HPS) is a financial services stock currently trading at $14.64 with a dividend yield of 9.02%. The company pays an annual dividend of $1.32 per share. The payout ratio of 50% suggests the dividend is well-covered by earnings. Over the past 5 years, HPS has grown its dividend at a compound annual rate of 3.5%.
- Above-average yield (9.02%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
Latest HPS News
LiveNews aggregated from public sources via Finnhub & RSS. For informational purposes only.