Analyzing John Hancock's Ex-Dividend Date

On April 1, 2021, John Hancock HTD announced shareholders can expect to receive a dividend payable on April 30, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for John Hancock will be on April 9, 2021. The company's current dividend payout is at $0.14. That equates to a dividend yield of 7.05% at current price levels.

What Are Ex-Dividend Dates?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

John Hancock's Dividend Performance

Over the past year, John Hancock has seen its dividend payouts remain the same and its yields trend downward. Last year on December 10, 2020 the company's payout sat at $0.14, which has returned to its value today. John Hancock's dividend yield last year was 7.87%, which has since decreased by 0.82%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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