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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.123 per share on Friday, May 31st. This represents a $1.48 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend is Friday, May 10th.

John Hancock Preferred Income Fund II Stock Down 0.3 %

Shares of HPF opened at $17.12 on Thursday. John Hancock Preferred Income Fund II has a twelve month low of $12.99 and a twelve month high of $17.36. The company has a 50 day moving average of $16.42 and a 200-day moving average of $15.82.

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.