John Hancock Pref. Income Fund II (NYSE:HPF) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be paid a dividend of 0.14 per share on Monday, September 30th. This represents a $1.68 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date of this dividend is Thursday, September 12th.
John Hancock Pref. Income Fund II has raised its dividend by an average of 2.9% per year over the last three years.
John Hancock Pref. Income Fund II stock traded up $0.04 during trading hours on Wednesday, hitting $23.17. The stock had a trading volume of 418 shares, compared to its average volume of 35,169. John Hancock Pref. Income Fund II has a 12-month low of $17.26 and a 12-month high of $23.82. The stock’s 50-day moving average price is $23.13 and its 200-day moving average price is $22.48.
John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, 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.
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