John Hancock Preferred Income Fund II Announces Monthly Dividend of $0.12 (NYSE:HPF)

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Investors of record on Friday, October 11th will be given a dividend of 0.1235 per share on Thursday, October 31st. This represents a $1.48 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date of this dividend is Friday, October 11th.

John Hancock Preferred Income Fund II Trading Up 0.5 %

Shares of NYSE HPF traded up $0.09 during trading on Wednesday, reaching $18.80. The company had a trading volume of 25,176 shares, compared to its average volume of 42,529. John Hancock Preferred Income Fund II has a 12-month low of $12.99 and a 12-month high of $18.82. The business’s 50-day moving average is $17.14 and its 200 day moving average is $16.92.

John Hancock Preferred Income Fund II Company Profile

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.