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

John Hancock Pref. Income Fund II (NYSE:HPF) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.1235 per share on Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date is Wednesday, December 11th. This is an increase from John Hancock Pref. Income Fund II’s previous monthly dividend of $0.12.

Shares of NYSE HPF traded down $0.02 during trading hours on Friday, hitting $21.55. The company had a trading volume of 3,956 shares, compared to its average volume of 37,289. John Hancock Pref. Income Fund II has a 1-year low of $17.26 and a 1-year high of $23.82. The firm’s 50 day moving average is $21.95 and its 200-day moving average is $22.65.

About John Hancock Pref. Income Fund II

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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Dividend History for John Hancock Pref. Income Fund II (NYSE:HPF)

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