John Hancock Preferred Income Fund II (HPF) to Issue Monthly Dividend of $0.12 on July 31st

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.1235 per share on Wednesday, July 31st. This represents a $1.48 dividend on an annualized basis and a yield of 8.65%. The ex-dividend date is Thursday, July 11th. This is an increase from John Hancock Preferred Income Fund II’s previous monthly dividend of $0.12.

John Hancock Preferred Income Fund II Trading Up 0.3 %

NYSE HPF opened at $17.14 on Wednesday. The stock has a fifty day simple moving average of $17.01 and a 200-day simple moving average of $16.51. John Hancock Preferred Income Fund II has a twelve month low of $12.99 and a twelve month high of $17.78.

About John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.