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

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.1235 per share on Monday, March 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date of this dividend is Thursday, March 13th.

John Hancock Preferred Income Fund II Trading Down 0.7 %

NYSE:HPF traded down $0.13 during mid-day trading on Tuesday, hitting $16.84. 51,059 shares of the company’s stock traded hands, compared to its average volume of 43,362. The company has a fifty day moving average of $16.82 and a 200 day moving average of $17.32. John Hancock Preferred Income Fund II has a twelve month low of $15.39 and a twelve month 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.