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

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.1235 per share on Friday, January 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.03%. The ex-dividend date is Monday, January 13th.

John Hancock Preferred Income Fund II Price Performance

Shares of HPF opened at $16.42 on Friday. The business’s 50 day moving average price is $17.00 and its 200-day moving average price is $17.29. John Hancock Preferred Income Fund II has a 52 week low of $15.39 and a 52 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.