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

John Hancock Preferred Income Fund II (NYSE:HPF) declared 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 is Thursday, March 13th.

John Hancock Preferred Income Fund II Price Performance

NYSE:HPF opened at $16.54 on Tuesday. John Hancock Preferred Income Fund II has a one year low of $15.39 and a one year high of $19.00. The company’s 50-day simple moving average is $16.85 and its 200 day simple moving average is $17.32.

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.