John Hancock Preferred Income Fund II (HPF) To Go Ex-Dividend on November 12th

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Monday, November 2nd. Investors of record on Thursday, November 12th will be paid a dividend of $0.1235 per share on Monday, November 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date is Thursday, November 12th.

John Hancock Preferred Income Fund II Trading Up 1.8%

NYSE HPF opened at $13.23 on Tuesday. The firm’s 50 day moving average price is $13.71 and its two-hundred day moving average price is $15.35. John Hancock Preferred Income Fund II has a twelve month low of $12.67 and a twelve month high of $16.83.

John Hancock Preferred Income Fund II Company Profile

John Hancock Preferred Income Fund II (NYSE: HPF) is a closed-end investment fund managed by John Hancock Investment Management, an affiliate of Manulife Investment Management. The fund seeks to provide investors with a high level of current income by investing primarily in preferred securities and other income-producing investments.

Its portfolio may include preferred stocks, corporate debt securities and other fixed-income instruments issued by companies in a range of industries. The fund can invest in securities issued by companies in the United States and other countries, giving it exposure to domestic and international income-producing markets.

As a closed-end fund, HPF’s shares trade on the New York Stock Exchange, while the portfolio is managed by the investment professionals of John Hancock Investment Management.