John Hancock Pref. Income Fund II (NYSE:HPF) to Issue $0.12 Monthly Dividend
John Hancock Pref. Income Fund II (NYSE:HPF) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Friday, October 11th will be given a dividend of 0.123 per share on Thursday, October 31st. This represents a $1.48 dividend on an annualized basis and a yield of 6.55%. The ex-dividend date of this dividend is Thursday, October 10th.
John Hancock Pref. Income Fund II has increased its dividend payment by an average of 2.9% annually over the last three years.
NYSE:HPF traded down $0.04 on Thursday, reaching $22.53. The stock had a trading volume of 1,170 shares, compared to its average volume of 35,910. The firm’s fifty day moving average is $23.03 and its two-hundred day moving average is $22.64. John Hancock Pref. Income Fund II has a 12-month low of $17.26 and a 12-month high of $23.82.
John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, 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.
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