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

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be paid a dividend of 0.1235 per share on Friday, February 28th. This represents a $1.48 annualized dividend and a yield of 8.69%. The ex-dividend date of this dividend is Thursday, February 13th.

John Hancock Preferred Income Fund II Trading Up 1.3 %

Shares of HPF stock opened at $17.05 on Wednesday. John Hancock Preferred Income Fund II has a 1-year low of $15.39 and a 1-year high of $19.00. The firm’s 50-day simple moving average is $16.72 and its 200-day simple moving average is $17.25.

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.