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

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Monday, January 13th will be given a dividend of 0.1235 per share on Friday, January 31st. This represents a $1.48 annualized dividend and a yield of 8.89%. The ex-dividend date is Monday, January 13th.

John Hancock Preferred Income Fund II Stock Performance

Shares of NYSE:HPF traded down $0.02 on Friday, hitting $16.67. The company’s stock had a trading volume of 93,900 shares, compared to its average volume of 69,650. John Hancock Preferred Income Fund II has a 1 year low of $15.39 and a 1 year high of $19.00. The company has a 50-day simple moving average of $17.17 and a 200 day simple moving average of $17.31.

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.