John Hancock Pref. Income Fund II (HPF) to Issue Monthly Dividend of $0.14
John Hancock Pref. Income Fund II (NYSE:HPF) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.14 per share on Friday, December 29th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date of this dividend is Friday, December 8th.
John Hancock Pref. Income Fund II (NYSE HPF) traded up $0.14 during trading hours on Monday, reaching $21.45. 37,412 shares of the company traded hands, compared to its average volume of 35,302. John Hancock Pref. Income Fund II has a 52-week low of $19.48 and a 52-week high of $22.71.
About John Hancock Pref. Income Fund II
John Hancock Preferred Income Fund II is a closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective.
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