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 Pref. 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 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.

Read More: Investing strategies using the yield curve

Dividend History for John Hancock Pref. Income Fund II (NYSE:HPF)

Receive News & Ratings for John Hancock Pref. Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Pref. Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.