John Hancock Preferred Income Fund II (HPF) To Go Ex-Dividend on July 13th

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Wednesday, July 1st. Investors of record on Monday, July 13th will be given a dividend of 0.1235 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Monday, July 13th.

John Hancock Preferred Income Fund II Price Performance

John Hancock Preferred Income Fund II stock opened at $15.96 on Friday. The company’s 50-day moving average price is $15.91 and its two-hundred day moving average price is $15.94. John Hancock Preferred Income Fund II has a 52 week low of $15.06 and a 52 week high of $17.13.

John Hancock Preferred Income Fund II Company Profile

John Hancock Preferred Income Fund II (NYSE: HPF) is a closed-end management investment company that seeks to provide a high level of current income, with a secondary objective of capital appreciation. Listed on the New York Stock Exchange, the fund primarily invests in preferred securities issued by U.S. and, to a lesser extent, international issuers. Its diversified portfolio may include investment-grade and below-investment-grade preferred stocks, corporate debt securities, convertible securities and, when deemed appropriate, common equity.

Launched in June 2006, HPF employs leverage through preferred share borrowings and other forms of financing to enhance income potential.