John Hancock Preferred Income Fund II (NYSE:HPF – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of 0.1235 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date of this dividend is Friday, September 11th.
John Hancock Preferred Income Fund II Stock Performance
NYSE:HPF opened at $15.49 on Wednesday. John Hancock Preferred Income Fund II has a one year low of $15.06 and a one year high of $17.13. The business has a fifty day moving average price of $15.84 and a 200-day moving average price of $15.86.
About John Hancock Preferred Income Fund II
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.
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