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

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.123 per share on Friday, May 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.91%. The ex-dividend date is Friday, May 10th.

John Hancock Preferred Income Fund II Price Performance

Shares of NYSE:HPF traded up $0.20 during midday trading on Friday, reaching $16.57. The company’s stock had a trading volume of 54,423 shares, compared to its average volume of 44,474. The business has a 50 day moving average price of $16.38 and a 200 day moving average price of $15.72. John Hancock Preferred Income Fund II has a 1 year low of $12.99 and a 1 year high of $16.94.

About John Hancock Preferred Income Fund II

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.