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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Thursday, February 13th will be given a dividend of 0.1235 per share on Friday, February 28th. This represents a $1.48 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date of this dividend is Thursday, February 13th.

John Hancock Preferred Income Fund II Stock Performance

HPF opened at $17.41 on Tuesday. The stock’s fifty day simple moving average is $16.72 and its 200 day simple 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.