John Hancock Pref. Income Fund II (NYSE:HPF) announced a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.123 per share on Friday, November 29th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date of this dividend is Friday, November 8th.
Shares of HPF stock traded up $0.13 during mid-day trading on Wednesday, reaching $22.04. 2,279 shares of the company’s stock traded hands, compared to its average volume of 36,917. John Hancock Pref. Income Fund II has a 12 month low of $17.26 and a 12 month high of $23.82. The company’s 50-day moving average price is $22.62 and its 200-day moving average price is $22.71.
John Hancock Pref. Income Fund II Company Profile
John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, 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.
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