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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.123 per share on Friday, August 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date of this dividend is Monday, August 12th.

John Hancock Preferred Income Fund II Stock Performance

NYSE:HPF traded down $0.19 during trading hours on Friday, reaching $16.73. The stock had a trading volume of 46,685 shares, compared to its average volume of 42,894. John Hancock Preferred Income Fund II has a 52 week low of $12.99 and a 52 week high of $17.78. The company has a 50 day moving average price of $17.01 and a two-hundred day moving average price of $16.63.

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.