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

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 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date of this dividend is Friday, May 10th.

John Hancock Preferred Income Fund II Price Performance

NYSE HPF opened at $17.12 on Thursday. John Hancock Preferred Income Fund II has a 12 month low of $12.99 and a 12 month high of $17.36. The stock’s 50 day moving average is $16.42 and its 200 day moving average is $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.