John Hancock Preferred Income Fund II (HPF) to Issue Monthly Dividend of $0.12 on January 31st

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders 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 9.03%. The ex-dividend date of this dividend is Monday, January 13th.

John Hancock Preferred Income Fund II Stock Down 0.7 %

HPF opened at $16.42 on Friday. John Hancock Preferred Income Fund II has a one year low of $15.39 and a one year high of $19.00. The business has a 50 day simple moving average of $17.00 and a two-hundred day simple moving average of $17.29.

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.