John Hancock Preferred Income Fund II About To Put More Money In Your Pocket (HPF)

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, John Hancock Preferred Income Fund II ( HPF) will trade ex-dividend, for its monthly dividend of $0.14, payable on 2/28/14. As a percentage of HPF's recent stock price of $18.66, this dividend works out to approximately 0.75%, so look for shares of John Hancock Preferred Income Fund II to trade 0.75% lower — all else being equal — when HPF shares open for trading on 2/11/14.

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Below is a dividend history chart for HPF, showing historical dividends prior to the most recent $0.14 declared by John Hancock Preferred Income Fund II:

HPF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HPF is likely to continue, and whether the current estimated yield of 9.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HPF shares, versus its 200 day moving average:

John Hancock Preferred Income Fund II 200 Day Moving Average Chart

Looking at the chart above, HPF's low point in its 52 week range is $17.24 per share, with $24.34 as the 52 week high point — that compares with a last trade of $18.66.

In Friday trading, John Hancock Preferred Income Fund II shares are currently up about 0.3% on the day.

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