John Hancock Preferred Income Fund II (NYSE:HPF – Get Free Report) declared a monthly dividend on Friday, May 1st. Stockholders of record on Monday, May 11th will be given a dividend of 0.1235 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date of this dividend is Monday, May 11th.
John Hancock Preferred Income Fund II Stock Up 0.6%
Shares of John Hancock Preferred Income Fund II stock opened at $16.26 on Friday. John Hancock Preferred Income Fund II has a one year low of $15.06 and a one year high of $17.13. The stock’s fifty day moving average is $15.80 and its 200 day moving average is $16.10.
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.
Further Reading
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