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, March 3rd, Wall Street Journal reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.1235 per share on Monday, March 31st. This represents a $1.48 annualized dividend and a dividend yield of 8.96%. The ex-dividend date of this dividend is Thursday, March 13th.

John Hancock Preferred Income Fund II Price Performance

HPF stock opened at $16.54 on Tuesday. The business’s 50-day moving average is $16.85 and its two-hundred day moving average is $17.32. John Hancock Preferred Income Fund II has a fifty-two week low of $15.39 and a fifty-two week high of $19.00.

About John Hancock Preferred Income Fund II

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.