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

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 given 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 8.89%. The ex-dividend date is Monday, January 13th.

John Hancock Preferred Income Fund II Trading Down 0.1 %

Shares of HPF traded down $0.02 on Friday, reaching $16.67. The company’s stock had a trading volume of 93,900 shares, compared to its average volume of 69,650. John Hancock Preferred Income Fund II has a twelve month low of $15.39 and a twelve month high of $19.00. The firm has a fifty day moving average of $17.17 and a 200-day moving average of $17.31.

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.