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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.1235 per share on Monday, November 30th. This represents a $1.48 dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Thursday, November 12th.

John Hancock Preferred Income Fund II Price Performance

HPF stock opened at $12.90 on Tuesday. The stock has a 50-day moving average price of $13.97 and a 200-day moving average price of $15.42. John Hancock Preferred Income Fund II has a 1-year low of $12.67 and a 1-year high of $16.83.

John Hancock Preferred Income Fund II Company Profile

John Hancock Preferred Income Fund II (NYSE: HPF) is a closed-end investment fund managed by John Hancock Investment Management, an affiliate of Manulife Investment Management. The fund seeks to provide investors with a high level of current income by investing primarily in preferred securities and other income-producing investments.

Its portfolio may include preferred stocks, corporate debt securities and other fixed-income instruments issued by companies in a range of industries. The fund can invest in securities issued by companies in the United States and other countries, giving it exposure to domestic and international income-producing markets.

As a closed-end fund, HPF’s shares trade on the New York Stock Exchange, while the portfolio is managed by the investment professionals of John Hancock Investment Management.