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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.1235 per share on Wednesday, April 30th. This represents a $1.48 annualized dividend and a dividend yield of 8.88%. The ex-dividend date of this dividend is Friday, April 11th.

John Hancock Preferred Income Fund II Stock Performance

HPF stock opened at $16.68 on Thursday. The company’s 50 day moving average is $16.89 and its 200 day moving average is $17.26. John Hancock Preferred Income Fund II has a 1-year low of $15.39 and a 1-year high of $19.00.

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.