John Hancock Preferred Income Fund III Declares Monthly Dividend
May 05 2004 - 11:58AM
PR Newswire (US)
John Hancock Preferred Income Fund III Declares Monthly Dividend
BOSTON, May 5 /PRNewswire-FirstCall/ -- John Hancock Preferred
Income Fund III declared its regular monthly dividend as follows:
Declaration Date: May 5, 2004 Ex Date: May 13, 2004 Record Date:
May 17, 2004 Payment Date: June 1, 2004 Dividend Amount: $0.1800
This dividend equates to an annualized yield of 9.51 percent, based
on the fund's closing market price as of May 4, 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: Media Contact: Kimberley Dietrich of John Hancock,
+1-617-375-0311, or Investor Contact: +1-800-843-0090 Web site:
http://www.jhfunds.com/
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