John Hancock Preferred Income Fund II (HPF) to Issue Monthly Dividend of $0.12 on June 30th

John Hancock Preferred Income Fund II (NYSE:HPF) declared a monthly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be given a dividend of 0.1235 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Thursday, June 11th.

John Hancock Preferred Income Fund II Price Performance

NYSE HPF opened at $16.02 on Wednesday. John Hancock Preferred Income Fund II has a fifty-two week low of $15.06 and a fifty-two week high of $17.13. The business has a fifty day moving average of $15.80 and a 200-day moving average of $16.02.

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.