John Hancock Preferred Income Fund II (HPF) to Issue Monthly Dividend of $0.12 on February 28th

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.1235 per share on Friday, February 28th. This represents a $1.48 annualized dividend and a dividend yield of 8.69%. The ex-dividend date is Thursday, February 13th.

John Hancock Preferred Income Fund II Stock Performance

HPF stock opened at $17.05 on Wednesday. The company has a fifty day moving average of $16.72 and a 200-day moving average of $17.25. John Hancock Preferred Income Fund II has a one year low of $15.39 and a one year 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.