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

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Friday, April 11th will be given a dividend of 0.1235 per share on Wednesday, April 30th. This represents a $1.48 dividend on an annualized basis and a yield of 8.88%. The ex-dividend date of this dividend is Friday, April 11th.

John Hancock Preferred Income Fund II Price Performance

HPF traded up $0.07 during trading on Wednesday, reaching $16.68. The company’s stock had a trading volume of 20,932 shares, compared to its average volume of 41,894. The company’s fifty day moving average price is $16.89 and its 200-day moving average price is $17.26. John Hancock Preferred Income Fund II has a 52-week low of $15.39 and a 52-week high of $19.00.

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.