John Hancock Preferred Income Fund II (NYSE:HPF – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Shareholders of record on Monday, April 13th will be paid a dividend of 0.1235 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Monday, April 13th.
John Hancock Preferred Income Fund II Stock Up 0.6%
NYSE:HPF opened at $15.81 on Friday. The firm’s fifty day simple moving average is $15.87 and its 200-day simple moving average is $16.22. John Hancock Preferred Income Fund II has a fifty-two week low of $14.94 and a fifty-two week high of $17.13.
John Hancock Preferred Income Fund II Company Profile
John Hancock Preferred Income Fund II (NYSE: HPF) is a closed-end management investment company that seeks to provide a high level of current income, with a secondary objective of capital appreciation. Listed on the New York Stock Exchange, the fund primarily invests in preferred securities issued by U.S. and, to a lesser extent, international issuers. Its diversified portfolio may include investment-grade and below-investment-grade preferred stocks, corporate debt securities, convertible securities and, when deemed appropriate, common equity.
Launched in June 2006, HPF employs leverage through preferred share borrowings and other forms of financing to enhance income potential.
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