John Hancock Preferred Income Fund II (NYSE:HPF) Increases Dividend to $0.12 Per Share

John Hancock Preferred Income Fund II (NYSE:HPF) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be paid a dividend of 0.1235 per share on Monday, September 30th. This represents a $1.48 annualized dividend and a yield of 8.62%. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from John Hancock Preferred Income Fund II’s previous monthly dividend of $0.12.

John Hancock Preferred Income Fund II Stock Performance

NYSE HPF traded up $0.09 on Wednesday, reaching $17.20. 25,552 shares of the stock traded hands, compared to its average volume of 42,327. John Hancock Preferred Income Fund II has a 12 month low of $12.99 and a 12 month high of $17.78. The firm’s fifty day simple moving average is $16.86 and its 200 day simple moving average is $16.73.

About John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management 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.