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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Monday, May 12th will be given a dividend of 0.1235 per share on Friday, May 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.22%. The ex-dividend date of this dividend is Monday, May 12th.

John Hancock Preferred Income Fund II Stock Down 0.1 %

NYSE HPF opened at $16.08 on Wednesday. The company has a 50-day moving average price of $16.12 and a 200-day moving average price of $16.76. John Hancock Preferred Income Fund II has a 52 week low of $14.56 and a 52 week 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.